Dec 17, 2024
Dec 17, 2024
Dec 17, 2024
Velar Launches STX<>sBTC Liquidity Pool: A Historic DeFi Moment
Velar Launches STX<>sBTC Liquidity Pool: A Historic DeFi Moment
Velar Launches STX<>sBTC Liquidity Pool: A Historic DeFi Moment
Today marks a watershed moment in DeFi history as Velar launches the first STX<>sBTC liquidity pool. Liquidity providers can now earn 5,000 $VELAR tokens daily by participating in this groundbreaking opportunity, as Bitcoin's $2T market cap enters DeFi in its most decentralized form yet.
Understanding sBTC
sBTC represents a paradigm shift in how Bitcoin interacts with DeFi. As Bitcoin's bridge to DeFi, sBTC offers several groundbreaking features:
Trust-minimized Bitcoin bridge with full Bitcoin finality
1:1 BTC backing guaranteed with transparent verification
Secured by institutional validators managing over $10B in assets
Instant deposits (requiring only 1 Bitcoin block)
Decentralized signer network ensuring robust security
Unlike previous wrapped Bitcoin solutions that rely on centralized custodians or opaque verification methods, sBTC offers complete decentralization with no central authority, 1:1 Bitcoin backing with transparent verification, direct Bitcoin blockchain integration, and a robust 70% threshold signature security model. To mint sBTC, head to https://app.stacks.co/ and deposit your BTC to mint sBTC.
To learn more about sBTC and how its launch is a defining moment for Bitcoin DeFi, check out our deep dive on it.
The Velar STX<>sBTC Liquidity Pool
Velar's dedication to pioneering Bitcoin DeFi reaches new heights with the launch of our STX<>sBTC pool. By providing liquidity to this pool, you're not just earning rewards – you're participating in a fundamental transformation of how Bitcoin functions in the DeFi ecosystem.
Liquidity providers will earn 5,000 $VELAR tokens daily, distributed proportionally based on their share of the pool. This generous reward structure reflects our commitment to building deep liquidity for sBTC trading from day one.
Why This Matters for DeFi
While Ethereum's ecosystem previously reached $100B in TVL, Bitcoin's massive liquidity has remained largely untapped due to technical limitations. sBTC changes this dynamic entirely. For the first time, Bitcoin holders can participate in DeFi without sacrificing the core principles of decentralization and security that Bitcoin embodies.
As one of the first platforms to offer sBTC<>STX liquidity pools, Velar stands at the forefront of this revolution. The implications extend far beyond immediate trading opportunities – we're laying the groundwork for a new era of Bitcoin-native DeFi applications.
How to Add Liquidity to the STX<>sBTC Pool
Adding liquidity to the STX<>sBTC pool is straightforward:
Connect your wallet to Velar DEX
Navigate to the Pools section and select the STX<>sBTC pool
Click "Add Liquidity" and enter your desired amounts
Confirm the transaction and start earning Velar rewards
When providing liquidity, we recommend starting with a balanced position and regularly monitoring your impermanent loss exposure through our analytics dashboard.
Looking Ahead
The launch of our STX<>sBTC pool represents more than just another liquidity mining opportunity. It's the beginning of a new chapter in Bitcoin's evolution, where the world's largest cryptocurrency can finally fulfill its potential in DeFi. Early liquidity providers aren't just earning rewards – they're helping write the future of decentralized finance.
Join us in making history. The STX<>sBTC pool is now live on Velar DEX.
Today marks a watershed moment in DeFi history as Velar launches the first STX<>sBTC liquidity pool. Liquidity providers can now earn 5,000 $VELAR tokens daily by participating in this groundbreaking opportunity, as Bitcoin's $2T market cap enters DeFi in its most decentralized form yet.
Understanding sBTC
sBTC represents a paradigm shift in how Bitcoin interacts with DeFi. As Bitcoin's bridge to DeFi, sBTC offers several groundbreaking features:
Trust-minimized Bitcoin bridge with full Bitcoin finality
1:1 BTC backing guaranteed with transparent verification
Secured by institutional validators managing over $10B in assets
Instant deposits (requiring only 1 Bitcoin block)
Decentralized signer network ensuring robust security
Unlike previous wrapped Bitcoin solutions that rely on centralized custodians or opaque verification methods, sBTC offers complete decentralization with no central authority, 1:1 Bitcoin backing with transparent verification, direct Bitcoin blockchain integration, and a robust 70% threshold signature security model. To mint sBTC, head to https://app.stacks.co/ and deposit your BTC to mint sBTC.
To learn more about sBTC and how its launch is a defining moment for Bitcoin DeFi, check out our deep dive on it.
The Velar STX<>sBTC Liquidity Pool
Velar's dedication to pioneering Bitcoin DeFi reaches new heights with the launch of our STX<>sBTC pool. By providing liquidity to this pool, you're not just earning rewards – you're participating in a fundamental transformation of how Bitcoin functions in the DeFi ecosystem.
Liquidity providers will earn 5,000 $VELAR tokens daily, distributed proportionally based on their share of the pool. This generous reward structure reflects our commitment to building deep liquidity for sBTC trading from day one.
Why This Matters for DeFi
While Ethereum's ecosystem previously reached $100B in TVL, Bitcoin's massive liquidity has remained largely untapped due to technical limitations. sBTC changes this dynamic entirely. For the first time, Bitcoin holders can participate in DeFi without sacrificing the core principles of decentralization and security that Bitcoin embodies.
As one of the first platforms to offer sBTC<>STX liquidity pools, Velar stands at the forefront of this revolution. The implications extend far beyond immediate trading opportunities – we're laying the groundwork for a new era of Bitcoin-native DeFi applications.
How to Add Liquidity to the STX<>sBTC Pool
Adding liquidity to the STX<>sBTC pool is straightforward:
Connect your wallet to Velar DEX
Navigate to the Pools section and select the STX<>sBTC pool
Click "Add Liquidity" and enter your desired amounts
Confirm the transaction and start earning Velar rewards
When providing liquidity, we recommend starting with a balanced position and regularly monitoring your impermanent loss exposure through our analytics dashboard.
Looking Ahead
The launch of our STX<>sBTC pool represents more than just another liquidity mining opportunity. It's the beginning of a new chapter in Bitcoin's evolution, where the world's largest cryptocurrency can finally fulfill its potential in DeFi. Early liquidity providers aren't just earning rewards – they're helping write the future of decentralized finance.
Join us in making history. The STX<>sBTC pool is now live on Velar DEX.
Today marks a watershed moment in DeFi history as Velar launches the first STX<>sBTC liquidity pool. Liquidity providers can now earn 5,000 $VELAR tokens daily by participating in this groundbreaking opportunity, as Bitcoin's $2T market cap enters DeFi in its most decentralized form yet.
Understanding sBTC
sBTC represents a paradigm shift in how Bitcoin interacts with DeFi. As Bitcoin's bridge to DeFi, sBTC offers several groundbreaking features:
Trust-minimized Bitcoin bridge with full Bitcoin finality
1:1 BTC backing guaranteed with transparent verification
Secured by institutional validators managing over $10B in assets
Instant deposits (requiring only 1 Bitcoin block)
Decentralized signer network ensuring robust security
Unlike previous wrapped Bitcoin solutions that rely on centralized custodians or opaque verification methods, sBTC offers complete decentralization with no central authority, 1:1 Bitcoin backing with transparent verification, direct Bitcoin blockchain integration, and a robust 70% threshold signature security model. To mint sBTC, head to https://app.stacks.co/ and deposit your BTC to mint sBTC.
To learn more about sBTC and how its launch is a defining moment for Bitcoin DeFi, check out our deep dive on it.
The Velar STX<>sBTC Liquidity Pool
Velar's dedication to pioneering Bitcoin DeFi reaches new heights with the launch of our STX<>sBTC pool. By providing liquidity to this pool, you're not just earning rewards – you're participating in a fundamental transformation of how Bitcoin functions in the DeFi ecosystem.
Liquidity providers will earn 5,000 $VELAR tokens daily, distributed proportionally based on their share of the pool. This generous reward structure reflects our commitment to building deep liquidity for sBTC trading from day one.
Why This Matters for DeFi
While Ethereum's ecosystem previously reached $100B in TVL, Bitcoin's massive liquidity has remained largely untapped due to technical limitations. sBTC changes this dynamic entirely. For the first time, Bitcoin holders can participate in DeFi without sacrificing the core principles of decentralization and security that Bitcoin embodies.
As one of the first platforms to offer sBTC<>STX liquidity pools, Velar stands at the forefront of this revolution. The implications extend far beyond immediate trading opportunities – we're laying the groundwork for a new era of Bitcoin-native DeFi applications.
How to Add Liquidity to the STX<>sBTC Pool
Adding liquidity to the STX<>sBTC pool is straightforward:
Connect your wallet to Velar DEX
Navigate to the Pools section and select the STX<>sBTC pool
Click "Add Liquidity" and enter your desired amounts
Confirm the transaction and start earning Velar rewards
When providing liquidity, we recommend starting with a balanced position and regularly monitoring your impermanent loss exposure through our analytics dashboard.
Looking Ahead
The launch of our STX<>sBTC pool represents more than just another liquidity mining opportunity. It's the beginning of a new chapter in Bitcoin's evolution, where the world's largest cryptocurrency can finally fulfill its potential in DeFi. Early liquidity providers aren't just earning rewards – they're helping write the future of decentralized finance.
Join us in making history. The STX<>sBTC pool is now live on Velar DEX.
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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!