We, at Velar, are excited to announce an upgrade to our token listing and ranking system. Tokens listed on Velar Dharma AMM will now be ranked based on the total value locked (TVL) and depth of liquidity in their trading pairs. 

This change will have significant positive effects for all users of the Velar Dharma AMM:

For Traders & Liquidity Providers:

• Higher liquidity means lower slippage and better prices when swapping tokens.

• More stable and efficient markets with deep liquidity to absorb larger trades.

• Tokens with strong TVL are less susceptible to manipulation and volatility.

  
  

For Token Projects & Listers:

• Higher ranking and visibility for tokens that attract significant liquidity.

• Strong incentive to build deep, healthy markets and trading activity on Velar.

• Association with other high-TVL, reputable projects.

Under the new system, a token's ranking will be determined primarily by the TVL across its trading pairs on Velar Dharma AMM. Tokens with deeper liquidity and more value locked will rank higher in our listings and search results.

This aligns incentives between token projects, liquidity providers, and traders. By locking more value in a token's pool, projects increase their ranking and visibility to traders. In turn, deeper liquidity enables better trade execution and attracts more volume and users. It's a virtuous cycle that benefits the entire ecosystem.

We believe this change will make Velar Dharma AMM an even better place to swap, provide liquidity, and list tokens. The most robust and valuable tokens will rise to the top, enhancing organic discovery for promising projects. 

To our valued token listers and liquidity providers - increasing your TVL has never been more impactful. Higher locked value will now translate directly to enhanced ranking and visibility on Velar Dharma AMM. We look forward to seeing you climb the rankings!

This upgrade to liquidity-based ranking is just the first of many improvements coming to Velar Dharma AMM to better serve our users. Stay tuned for more announcements soon as we keep building the leading DEX in the ecosystem.