# Velas is an open source platform for decentralized projects. [Velas](https://velas.com/ru) stands as the world's fastest EVM blockchain and an open-source platform catering to decentralized projects and applications. With the capability to process up to 75,000 transactions per second alongside instantaneous finality, remarkably low fees, and Solidity support, Velas has positioned itself as a leading option for digital ventures seeking a robust and agile blockchain infrastructure. Driven by the principles of Web 3.0 and blockchain technology, Velas has been conceived to establish a transparent, community-driven, and decentralized ecosystem of products and services. With a clear vision to become the industry standard, Velas is engineered to serve as a versatile blockchain platform capable of accommodating a diverse array of applications and services. Through its emphasis on security, speed, and adaptability, Velas seeks to reshape the technological landscape, fostering a self-governed, decentralized future steered by collective community intelligence. The native token of Velas, VLX, serves as a crucial component for transactions, payments, fees, and supporting Proof-of-Stake consensus. Staking VLX enables block producers (validators and their delegators) to contribute to transaction consensus, thereby earning incentives for honest block production. Collaboration with MarsDAO: partner staking event from 01.03.2022 to 01.04.2022. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.daomars.com/partnerships/current-partners/velas-is-an-open-source-platform-for-decentralized-projects..md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.