Velar VELAR Price

What is Velar (VELAR)?

Velar is making waves in the DeFi space by combining Bitcoin's security with innovative decentralized finance features. Using a Layer 2 agnostic approach, Velar initially works with the Stacks blockchain and Clarity smart contracts to bring new opportunities to Bitcoin users.

Phase One: Dharma

Velar launched its first phase, "Dharma," with a comprehensive liquidity protocol. This phase included features like Swap, Liquidity Pools, Staking, Farming, and an IDO Launchpad. Dharma attracted over 150,000 users during its testnet phase, highlighting its strong start.

Next Milestone: Artha

The next big step for Velar is "Artha," which will introduce the world’s first perpetual DEX on Bitcoin. This will allow users to trade with up to 20X leverage, offering new trading possibilities within Bitcoin's secure framework. Velar’s Layer 2 agnostic design ensures it will work with various Bitcoin Layer 2 solutions in the future.

Velar Protocol: Key Features

Velar Protocol is designed to tap into Bitcoin’s liquidity, inspired by Uniswap v2. It uses Clarity on the Stacks Layer 2 blockchain and offers farming and staking to enhance user returns. Additionally, it acts as an IDO launchpad, making it easier to launch new tokens on Stacks.

Conclusion

Velar is set to reshape Bitcoin’s DeFi landscape by merging Bitcoin’s strength with advanced DeFi features. With strong investment support and strategic partnerships, Velar aims to be a key player in the future of decentralized finance.

What is unique about Velar (VELAR)?

Velar is unique for being a groundbreaking DeFi protocol that combines Bitcoin’s security with advanced decentralized finance features, including the world’s first perpetual DEX on Bitcoin with up to 20X leverage, using the Stacks blockchain and Clarity smart contracts.

Who are the founders of Velar (VELAR)?

The specific founders of Velar are Aravind Sathyanandham and Mithil Thakore.

Where can I buy Velar (VELAR)?

 Gate.io, Bybit, Uniswap V2 (Ethereum), Mudrex