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:

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:

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:

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.

No spam, only alpha!

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!

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©2024, All right reserved.

©2024, All right reserved.

©2024, All right reserved.