Nov 6, 2024
Nov 6, 2024
Nov 6, 2024
Velar's October: Nakamoto Upgrade Ushers in a New Chapter for Bitcoin DeFi
Velar's October: Nakamoto Upgrade Ushers in a New Chapter for Bitcoin DeFi
Velar's October: Nakamoto Upgrade Ushers in a New Chapter for Bitcoin DeFi



As we reflect on October's developments, Velar has achieved remarkable milestones that have fundamentally transformed Bitcoin DeFi. From the game-changing Nakamoto upgrade to comprehensive protocol improvements, October marked a pivotal moment in our mission to make decentralized finance more accessible and efficient than ever before.
Technical Innovations & Protocol Improvements
Stacks Nakamoto Upgrade Implementation
One of our most significant achievements this month was the successful integration with the Stacks Nakamoto upgrade. This revolutionary update has brought 5-second block times to the Velar DEX, dramatically improving the trading experience for our users. The enhanced speed and efficiency mark a new era in Bitcoin DeFi, making transactions more seamless than ever before.
Multi-Hops Expansion
We're thrilled to announce that our Multi-Hops functionality has been expanded to ALL pools, including stableswap! This comprehensive update brings several key advantages to our users:
Optimal routing across both standard and stableswap pools
Enhanced liquidity aggregation
Improved pricing efficiency
Reduced slippage across the entire platform
This expansion ensures that traders can execute any token pair swaps with maximum efficiency, leveraging the full depth of liquidity across the Stacks ecosystem.
Significant Fee Reduction
In our ongoing effort to make DeFi more accessible, we've implemented an 83% reduction in fees across all stableswap pairs. The fee structure has been optimized from 0.3% to just 0.05%, allowing traders to retain more of their profits and engage more actively in the ecosystem.
Strategic Partnerships & Integrations
STX City Integration
Our partnership with STX City reached a new milestone with the integration of Velar's SDK into their Swap feature. This collaboration extends our trading capabilities to a broader audience, demonstrating our commitment to making DeFi accessible across the Stacks ecosystem.
Community Engagement & Education
BTC Amsterdam Presence
Velar made a significant impact at BTC Amsterdam, where our CEO shared valuable insights about the inevitability of Bitcoin DeFi and its role in evolving Bitcoin's economy beyond simple price action. These discussions highlighted our vision for the future of decentralized finance on Bitcoin.
Educational Initiatives
Our commitment to community education continued strong this month with several key publications:
A comprehensive deep dive into Oracles, explaining their crucial role in bridging blockchain and real-world data.
The release of "Bitcoin vs Ethereum - A Newcomer's Guide to DeFi" Part 1.
A detailed blog post examining the transformative changes brought by the Nakamoto Upgrade.
Community Events
The 'The Meme' Spaces event with Stacks was a highlight of our community engagement efforts, providing fascinating discussions about meme culture and community building within the ecosystem.
Looking Ahead
As we move forward, Velar remains dedicated to pushing the boundaries of what's possible in Bitcoin DeFi. Our October achievements lay a strong foundation for future innovations and improvements. The combination of technical advancements, reduced fees, and enhanced user experience positions us well for continued growth and adoption.
The successful implementation of the Stacks Nakamoto upgrade, along with our Multi-Hops expansion, marks a significant step forward in our mission to make DeFi more accessible and efficient. These improvements, coupled with our educational initiatives and community engagement, demonstrate our holistic approach to ecosystem development.
Join the Revolution
We invite you to be part of this exciting journey in Bitcoin DeFi. Follow us on X (Formerly Twitter) @VelarBTC for real-time updates and join our community as we continue to innovate and expand the possibilities of decentralized finance on Bitcoin.
The achievements of October are just the beginning. With our committed team, engaged community, and continuous technological advancement, we're building a more accessible, efficient, and user-friendly DeFi ecosystem for everyone.
As we reflect on October's developments, Velar has achieved remarkable milestones that have fundamentally transformed Bitcoin DeFi. From the game-changing Nakamoto upgrade to comprehensive protocol improvements, October marked a pivotal moment in our mission to make decentralized finance more accessible and efficient than ever before.
Technical Innovations & Protocol Improvements
Stacks Nakamoto Upgrade Implementation
One of our most significant achievements this month was the successful integration with the Stacks Nakamoto upgrade. This revolutionary update has brought 5-second block times to the Velar DEX, dramatically improving the trading experience for our users. The enhanced speed and efficiency mark a new era in Bitcoin DeFi, making transactions more seamless than ever before.
Multi-Hops Expansion
We're thrilled to announce that our Multi-Hops functionality has been expanded to ALL pools, including stableswap! This comprehensive update brings several key advantages to our users:
Optimal routing across both standard and stableswap pools
Enhanced liquidity aggregation
Improved pricing efficiency
Reduced slippage across the entire platform
This expansion ensures that traders can execute any token pair swaps with maximum efficiency, leveraging the full depth of liquidity across the Stacks ecosystem.
Significant Fee Reduction
In our ongoing effort to make DeFi more accessible, we've implemented an 83% reduction in fees across all stableswap pairs. The fee structure has been optimized from 0.3% to just 0.05%, allowing traders to retain more of their profits and engage more actively in the ecosystem.
Strategic Partnerships & Integrations
STX City Integration
Our partnership with STX City reached a new milestone with the integration of Velar's SDK into their Swap feature. This collaboration extends our trading capabilities to a broader audience, demonstrating our commitment to making DeFi accessible across the Stacks ecosystem.
Community Engagement & Education
BTC Amsterdam Presence
Velar made a significant impact at BTC Amsterdam, where our CEO shared valuable insights about the inevitability of Bitcoin DeFi and its role in evolving Bitcoin's economy beyond simple price action. These discussions highlighted our vision for the future of decentralized finance on Bitcoin.
Educational Initiatives
Our commitment to community education continued strong this month with several key publications:
A comprehensive deep dive into Oracles, explaining their crucial role in bridging blockchain and real-world data.
The release of "Bitcoin vs Ethereum - A Newcomer's Guide to DeFi" Part 1.
A detailed blog post examining the transformative changes brought by the Nakamoto Upgrade.
Community Events
The 'The Meme' Spaces event with Stacks was a highlight of our community engagement efforts, providing fascinating discussions about meme culture and community building within the ecosystem.
Looking Ahead
As we move forward, Velar remains dedicated to pushing the boundaries of what's possible in Bitcoin DeFi. Our October achievements lay a strong foundation for future innovations and improvements. The combination of technical advancements, reduced fees, and enhanced user experience positions us well for continued growth and adoption.
The successful implementation of the Stacks Nakamoto upgrade, along with our Multi-Hops expansion, marks a significant step forward in our mission to make DeFi more accessible and efficient. These improvements, coupled with our educational initiatives and community engagement, demonstrate our holistic approach to ecosystem development.
Join the Revolution
We invite you to be part of this exciting journey in Bitcoin DeFi. Follow us on X (Formerly Twitter) @VelarBTC for real-time updates and join our community as we continue to innovate and expand the possibilities of decentralized finance on Bitcoin.
The achievements of October are just the beginning. With our committed team, engaged community, and continuous technological advancement, we're building a more accessible, efficient, and user-friendly DeFi ecosystem for everyone.
As we reflect on October's developments, Velar has achieved remarkable milestones that have fundamentally transformed Bitcoin DeFi. From the game-changing Nakamoto upgrade to comprehensive protocol improvements, October marked a pivotal moment in our mission to make decentralized finance more accessible and efficient than ever before.
Technical Innovations & Protocol Improvements
Stacks Nakamoto Upgrade Implementation
One of our most significant achievements this month was the successful integration with the Stacks Nakamoto upgrade. This revolutionary update has brought 5-second block times to the Velar DEX, dramatically improving the trading experience for our users. The enhanced speed and efficiency mark a new era in Bitcoin DeFi, making transactions more seamless than ever before.
Multi-Hops Expansion
We're thrilled to announce that our Multi-Hops functionality has been expanded to ALL pools, including stableswap! This comprehensive update brings several key advantages to our users:
Optimal routing across both standard and stableswap pools
Enhanced liquidity aggregation
Improved pricing efficiency
Reduced slippage across the entire platform
This expansion ensures that traders can execute any token pair swaps with maximum efficiency, leveraging the full depth of liquidity across the Stacks ecosystem.
Significant Fee Reduction
In our ongoing effort to make DeFi more accessible, we've implemented an 83% reduction in fees across all stableswap pairs. The fee structure has been optimized from 0.3% to just 0.05%, allowing traders to retain more of their profits and engage more actively in the ecosystem.
Strategic Partnerships & Integrations
STX City Integration
Our partnership with STX City reached a new milestone with the integration of Velar's SDK into their Swap feature. This collaboration extends our trading capabilities to a broader audience, demonstrating our commitment to making DeFi accessible across the Stacks ecosystem.
Community Engagement & Education
BTC Amsterdam Presence
Velar made a significant impact at BTC Amsterdam, where our CEO shared valuable insights about the inevitability of Bitcoin DeFi and its role in evolving Bitcoin's economy beyond simple price action. These discussions highlighted our vision for the future of decentralized finance on Bitcoin.
Educational Initiatives
Our commitment to community education continued strong this month with several key publications:
A comprehensive deep dive into Oracles, explaining their crucial role in bridging blockchain and real-world data.
The release of "Bitcoin vs Ethereum - A Newcomer's Guide to DeFi" Part 1.
A detailed blog post examining the transformative changes brought by the Nakamoto Upgrade.
Community Events
The 'The Meme' Spaces event with Stacks was a highlight of our community engagement efforts, providing fascinating discussions about meme culture and community building within the ecosystem.
Looking Ahead
As we move forward, Velar remains dedicated to pushing the boundaries of what's possible in Bitcoin DeFi. Our October achievements lay a strong foundation for future innovations and improvements. The combination of technical advancements, reduced fees, and enhanced user experience positions us well for continued growth and adoption.
The successful implementation of the Stacks Nakamoto upgrade, along with our Multi-Hops expansion, marks a significant step forward in our mission to make DeFi more accessible and efficient. These improvements, coupled with our educational initiatives and community engagement, demonstrate our holistic approach to ecosystem development.
Join the Revolution
We invite you to be part of this exciting journey in Bitcoin DeFi. Follow us on X (Formerly Twitter) @VelarBTC for real-time updates and join our community as we continue to innovate and expand the possibilities of decentralized finance on Bitcoin.
The achievements of October are just the beginning. With our committed team, engaged community, and continuous technological advancement, we're building a more accessible, efficient, and user-friendly DeFi ecosystem for everyone.
Stay ahead of the curve
Subscribe to our newsletter Bitcoin Bytes for timely insights, razor-sharp analysis, and real alpha about the rapidly evolving Bitcoin ecosystem.
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Stay ahead of the curve
Subscribe to our newsletter Bitcoin Bytes for timely insights, razor-sharp analysis, and real alpha about the rapidly evolving Bitcoin ecosystem.
No spam, only alpha!