LG has started updating some of its smartphones, and Verizon LG Velvet was the last to get the Android 11 update. Apparently, the Android 11 update will likely be the latest update to the LG Velvet phone.
The update comes with the March 2021 security patch version G900VM20a, and it brings Android 11 features like a new interface, conversation bubbles, an improved camera experience, and more.
You can check for the new update via Settings (Click Settings – About Phone – Software Updates – Check Update – Download Now). There is more information on the Verizon website.