Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator

Through Velvet Capitals wise routing and yield farming combinations, users can likewise increase the capital effectiveness of their portfolio.In action to the growing need for decentralized options, Velvet Capital is the newest participant in the Cointelegraph Accelerator program. Institutional funds and property supervisors can access their portfolio data in real-time with Velvets white-label customer portal.Shaping the future of DeFi-as-a-ServiceTo achieve true decentralization, Velvet Capital intends to prosper as a community-managed protocol under the banner of a decentralized autonomous organization (DAO) called Velvet DAO. Native tokens will be distributed to users based on the total worth locked in their accounts and the time invested on the platform.DeFi users who desire to take part in the genesis of Velvet DAO can get whitelisted for a Velvet Founders NFT to protect a place within the DAO and acquire rights to form the future of the DeFi-as-a-Service protocol by using the exclusive invite code Cointelegraph23.Cointelegraph released its Accelerator program in early 2023 to act as a catalyst for establishing Web3 startups and items.