"VeleroDAO is the governance protocol behind the first collateral-backed stablecoin, USDV, for the fastest and most secure blockchain network to exist - Velas.
VeleroDAO is not only a first mover on Velas, but also achieved the highest grant award from the Velas Grant Program. By forking MakerDAO for the Velas network, VeleroDAO has become the main infrastructure project on Velas. This is a vital building block in the exploding Velas DeFi ecosystem.
What does VeleroDAO do? It allows users to use crypto as collateral to generate USDV with only 1 simple step - creating a Collateralized Debt Position (CDP) by depositing $VLX to the VeleroDAO smart contract. After that, USDV begins working as a hedging mechanism for preserving capital!"
What is the highest value VeleroDAO (VDGT) has ever reached?
VeleroDAO (VDGT) reached its peak price at 0.07865 $ on 14 November 2025, approximately a few seconds ago ago. Presently, the current price is -99.73% lower than this all-time high.
What is the historical minimum price for VeleroDAO (VDGT)?
The minimum price reached for VeleroDAO (VDGT) was 0.0001456 $, documented on 14 November 2025, more than a few seconds ago. In comparison, the current price is 43.31%, it above this historical low.