Dec. 28, 2022 — The Occam DAO and Velas Blockchain strategic partnership proposal has passed stake-based voting. The DAO will begin integrating as an incubation and due diligence layer within the Velas blockchain, providing all the support and expertise needed to grow the Velas ecosystem.
Velas Network launched its mainnet in July 2019, and it is the first and fastest Ethereum Virtual Machine and eBPF hybrid blockchain that allows decentralized applications and smart contracts to be built on its mainnet. Velas is highly scalable and capable of validating over 50,000 transactions per second.
The network offers ideal foundations for Web3 builders to implement DApps and decentralized projects that boast market-defining speed, and equal convenience of use.
In October 2022, Occam DAO’s ambassadors had the unique opportunity to interview the CEO of Wavelength, a project building on the Velas Network. This offered a glimpse into what it is like to work with the network, and discover more about it through a Discord Soapbox session — a channel on Discord intended for project teams to present their ideas, technology and themselves to the entire Occam DAO. You can find the original chat here.
Following the Soapbox session, the Velas team submitted an Occam Improvement Proposal (OIP) in which they expressed their desire to partner with the Occam DAO in order to further grow the Velas ecosystem. In the meantime, the community learned more about the project via an insightful Twitter Space AMA with the Velas team. The Velas team has also pledged a contribution to the CHAKRA pool, so when the CHAKRA token goes live, its value will be backed by VLX, Velas Network’s native token.
Velas Blockchain OIP passes stake-based vote
The OIP passed the 50-like threshold and moved on to stake-based voting, which Occam DAO members recently passed by a large margin. This vote’s success means that the Occam DAO can now begin integrating as an incubation and due diligence layer within the Velas blockchain, providing all the support and expertise needed to grow the Velas ecosystem, and extending its pipeline of incubated projects and partners.
Following the excitement of this new partnership being formalized, and to reward users during the festive season, the Occam DAO has launched the Occam Velas Christmas Giveaway! Check out how to win prizes and the participation rules here.
The Occam DAO and its contributors will always keep building and improving their suite of services and the value they offer to their members. It will come as no surprise, then, that 2023 is going to be an amazing year for the DAO — with a pipeline of great features, improvements and partnerships such as Velas that will only solidify its strength moving into the new year.
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