How Velora Works

A simple, transparent process for building your financial safety net

Getting Started

1
Connect Wallet
Set up your Web3 wallet

Install a Web3 wallet like MetaMask or use email/social login through our integrated wallet provider.

  • Multiple wallet options supported
  • Email and social login available
  • You control your keys
2
Register
Create your worker profile

Provide basic information about your gig work to join the community. Registration is free.

  • Type of gig work
  • Location and experience
  • No fees to register
3
Contribute
Build your emergency fund

Make contributions in cUSD to build your personal safety net and support the community.

  • Contribute any amount
  • Track your total contributions
  • Earn voting rights

The Two-Tier System

Tier 1: No Verification
Available to everyone immediately

Withdrawal Limit

Up to 100%

of your total contributions

  • No identity verification required
  • Access your own contributions anytime
  • Subject to community voting
  • 90-day cooldown between withdrawals
Tier 2: With Verification
Unlock higher limits with identity verification

Withdrawal Limit

Up to 200%

of your total contributions

  • Verify identity via Self Protocol
  • Access community assistance funds
  • Double your emergency support
  • Build trust in the community

Making a Withdrawal

Step 1

Submit a withdrawal request with the amount needed and reason for the emergency.

Step 2

Community members vote on your request. Transparency ensures fair decisions.

Step 3

Voting period completes. Approved requests are processed automatically.

Step 4

Receive your funds directly to your wallet. 90-day cooldown begins.

Key Features

Democratic Voting

All contributors can vote on withdrawal requests, ensuring community-driven decisions.

Blockchain Transparency

Every transaction is recorded on-chain, providing complete transparency and accountability.

Self-Custodial

You maintain complete control over your wallet and funds at all times.

Low Fees

Built on Celo blockchain with minimal transaction costs, keeping more money in your pocket.

GoodDollar UBI

Claim daily universal basic income tokens to supplement your contributions.

Optional Verification

Identity verification is completely optional and only required for higher tier benefits.