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![letsgethai Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1617929704882966533.png) HAI 🌥️ [@letsgethai](/creator/twitter/letsgethai) on x 2969 followers
Created: 2025-07-18 17:22:56 UTC

We have officially reached over 2M $VELO locked on @VelodromeFi, powering the haiVELO flywheel with veVELO voting rewards.

How does the flywheel work?
X. deposit haiVELO earn $HAI
X. borrow HAI earn $KITE
X. stake KITE earn HAI + KITE
X. repay debt with HAI earned
X. flywheel

![](https://pbs.twimg.com/media/GwJ_DnnWcAAuKIE.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946259403444736163/c:line.svg)

**Related Topics**
[debt](/topic/debt)
[$kite](/topic/$kite)
[2m](/topic/2m)
[$velo](/topic/$velo)
[velo velodrome finance](/topic/velo-velodrome-finance)
[coins bsc](/topic/coins-bsc)
[coins exchange tokens](/topic/coins-exchange-tokens)
[$hai](/topic/$hai)

[Post Link](https://x.com/letsgethai/status/1946259403444736163)