Veda

What is Veda?

Veda operates as the largest vault infrastructure platform in DeFi, providing institutions with the tools to launch and manage onchain financial products at scale. The platform functions as a DeFi vault primitive, offering protocol-level mechanisms for pricing, accounting, securing, optimizing, and automating capital management.

Built with non-custodial, trust-minimized, and composable architecture, Veda enables businesses, asset issuers, protocols, chains, wallets, and applications to develop enterprise-grade DeFi products without the complexity of building smart contract and offchain infrastructure from scratch.

The platform recently secured significant backing with an $18 million funding round led by CoinFund. Notable participants in this funding round include Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, Mantle EcoFund, BitGo, Credibly Neutral, Draper Dragon, Heartcore, PEER VC, and Relayer Capital.

Veda Airdrop Details

Veda has launched a points-based rewards program that may lead to a future token distribution, though no official airdrop has been confirmed. The points system rewards users who participate in Veda-powered vault activities, including deposits, staking, and holding specific assets within the ecosystem.

The program focuses on long-term participants, suggesting that sustained engagement will be more valuable than short-term interactions.

The primary earning mechanism involves holding Super Symbiotic LRT (weETHs) and participating in various Veda vault products. Points accumulate based on the USD equivalent balance of qualifying assets multiplied by participation duration.

Additional Veda products and DeFi integrations may become eligible for points, with announcements made through Veda’s official channels and displayed on their Points dashboard.

Step-by-Step Guide:

How to Participate in Veda Points Farming

  1. Visit the Veda Points Page
  2. Connect Your Wallet
  3. Acquire Required Assets
    • Obtain wETH, wBTC, or USDC for vault deposits
    • For WBTC and USDC: Purchase directly from Binance
    • For wETH: Use Rhino Bridge to convert ETH to wETH
    • Ensure sufficient gas fees for transactions
  4. Choose Your Vault Strategy
    • Navigate to the “Earn” section on Veda’s platform
    • Review available vaults and their respective point multipliers
    • Consider the Liquid ETH vault for 4x Ether.fi points and 1x KING points
    • Examine the Bera ETH Vault for diversified point earning opportunities
    • Deposit into Mizu‘s vaults to earn Veda points and get exposure to HyperEVM ecosystem projects
    • Deposit into any of the Turtle Club campaigns to earn Veda points and other rewards
  5. Deposit into Selected Vaults
    • Select your preferred vault based on assets and point multipliers
    • Enter the amount you wish to deposit
    • Review transaction details and gas fees
    • Confirm the deposit transaction in your wallet
  6. Explore Staking Opportunities
    • Visit the “Stake” section on the platform
    • Choose from available staking options for additional yield and points
    • Review the point earning potential for each staking option
    • Complete staking transactions for selected assets
  7. Monitor Your Points Accumulation
    • Check the Points dashboard regularly for updates
    • Track your daily point accumulation
    • Verify that your deposits and stakes are properly recorded

Tips for Maximizing Veda Points

  • Focus on Long-term Holdings: The points system rewards sustained participation, so consider longer holding periods rather than frequent trading
  • Diversify Across Vaults: Spread deposits across multiple vaults to maximize point earning potential and reduce concentration risk
  • Monitor Point Multipliers: Keep track of vault-specific multipliers, as some offer higher point rates than others

Veda Points operate on a straightforward calculation method: Points earned = USD equivalent balance × 0.01 × days held. For example, maintaining a $100 USD equivalent balance of weETHs for 30 days would generate 30 points (100 × 0.01 × 30). This transparent system allows users to predict their potential point accumulation based on their deposit size and holding duration.

Frequently Asked Questions

How are Veda Points calculated?

Veda Points are calculated using the formula: USD equivalent balance × 0.01 × days held. The calculation runs continuously while assets remain in qualifying activities.

Which assets are eligible for points?

Currently, wETH, wBTC, USDC, and weETHs (Super Symbiotic LRT) are the primary eligible assets. Additional assets may be added and announced through official channels.

Are there geographic restrictions?

Yes, users in certain jurisdictions, including the United States, cannot participate in the points program due to regulatory restrictions.

How often are points updated?

Points accumulate daily based on your qualifying balances and are typically updated on the Points dashboard within 24 hours.

Conclusion

Veda’s points program offers an opportunity for DeFi users to engage with institutional-grade vault infrastructure while potentially earning rewards through a structured points system. The platform’s strong backing from notable investors and focus on long-term participants suggests a serious approach to building a sustainable DeFi ecosystem.

Success in the program requires strategic asset allocation, understanding of the point calculation system, and commitment to longer holding periods.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview