We're thrilled to announce a significant reduction in trading fees across all our stableswap pairs. This move underscores our commitment to putting our community first and making trading between pegged assets more accessible and profitable for everyone.

The Numbers: A Dramatic Fee Cut

We've implemented a substantial cut in our trading fees for all stableswap pairs:

• Old fee: 0.3%

• New fee: 0.05%

That's an impressive 83% reduction! We've slashed our fees to just 1/6th of what they were before. This move significantly lowers the barrier to entry for traders interested in pegged asset pairs and increases the potential for profit on each trade.

Why We're Doing This: Community First

At Velar, we believe that our success is directly tied to the success of our community. By reducing fees, we're demonstrating our commitment to:

1. Putting More Profits in Your Pocket: With fees reduced to just 0.05%, a larger portion of your trading profits stays with you.

2. Enhancing Liquidity for Everyone: Lower fees attract more traders and liquidity providers, potentially leading to tighter spreads and better execution prices.

3. Powering DeFi Growth: By making it more economical to trade pegged assets, we're contributing to the overall growth and efficiency of the DeFi ecosystem.

Why Stableswap Pairs Matter

Stableswap pairs are a crucial component of the DeFi ecosystem, powering much of the decentralized economy. These pairs include not just stablecoins, but all assets that are pegged to each other. By facilitating efficient movement between different pegged assets with minimal price impact, stableswap pairs play a vital role in maintaining liquidity and stability in the DeFi space.

Implementation Details

This fee reduction is already live for the USDh<>aeUSDC pair, which traders can take advantage of immediately. Additionally, the new fee structure will apply to all upcoming stableswap pairs as they are introduced on our platform. This ensures that as we expand our offerings, traders will continue to benefit from these reduced fees across all pegged asset pairs.

Start Trading Now

There's never been a better time to trade stableswap pairs on Velar. Whether you're an experienced trader looking to optimize your strategies or new to the platform and curious about trading pegged assets, this fee reduction opens up exciting possibilities.

Head to Velar Dharma DEX now and experience the benefits of our new, lower fees. Your success is our success, and we're excited to see how this change will empower our community.

Happy trading!

Note: This fee reduction applies to all current and future stableswap pairs on the Velar DEX.