Velvet Gems: Epoch 11 Starts

Velvet Gems is running Epoch 11 of its farming campaign.

Participants will share a pool of 2,710,049 VELVET tokens, which is roughly $1M at the current rate.

The epoch started a little over a week ago and will run until August 10.

The main farming mechanic is still on-chain trading, with perps being the primary source of volume-based Gems. Daily Streak also gives a meaningful points boost, and daily claim actions appear to award Gems once per day.

Referrals provide additional boosts as well, including self-referrals and rebates that can reduce farming costs and increase points.

Access to the campaign is available through the code I8X8GU.