When was Velodrome Finance launched?

Could you please elaborate on the timeline of Velodrome Finance's inception? I'm curious to know precisely when this innovative financial entity made its debut in the cryptocurrency and finance landscape. I'm particularly interested in understanding the strategic considerations and market conditions that led to its launch. Was it a response to a specific market need or a visionary move to disrupt the traditional financial system? Your insights would be invaluable in helping me understand the significance of this milestone.