Opening Statement

At Velar, we are dedicated to evolving the Bitcoin DeFi ecosystem with continuous innovation and upgrades. In line with this goal, we are pleased to share news of our integration with Asigna, a respected multisig wallet provider for Bitcoin and other assets in the Stacks ecosystem. This integration is a step forward in our journey to improve and secure DeFi activities for our users.

Key Integration Benefits

By integrating with Asigna, we aim to provide our users with improved security and more efficient asset management. Asigna's multisig wallet brings robust security features and supports a diverse range of assets, complementing Velar's existing infrastructure. These benefits include:

• Enhanced Security: Asigna's multisig wallet, supporting a range of assets including Bitcoin, Ordinals, BRC20s, and Stacks, offers an added layer of security. This complements Velar's high-security protocols, ensuring a safer DeFi experience.

  
  

• sBTC Integration: Soon users will be able to bridge sBTC and native BTC within their multisig wallets, thanks to Asigna's integration. This feature, when available on both Stacks and Bitcoin networks, will enhance the flexibility and utility of our platform.

  
  

• DApp Accessibility: With Asigna, users gain access to a wide range of Stacks dApps, all from one console within their multisig wallet, enabling a more integrated and seamless DeFi experience.

  
  

• Stacking Capabilities: Asigna users can stack their STX in their multisig wallets and earn BTC rewards, offering an added incentive for users engaged in our ecosystem.

  
  

Statements from CEOs

Velar's CEO:

"We welcome this cooperation with Asigna as a meaningful addition to our services. We believe in practical, secure solutions for Bitcoin DeFi and see Asigna as a like-minded partner in this journey." - Mithil Thakore, CEO, Velar

Asigna's CTO:

"At Asigna, we share Velar's commitment to pushing the boundaries of innovation within the Bitcoin DeFi space. This collaboration is a step toward delivering top-tier multisig wallet solutions for secure asset management." - Vlad, CTO, Asigna

About Asigna

Asigna is a native multisig solution tailored for Bitcoin and Stacks made specifically to offer an extra layer of security to trusted wallets on both ecosystems. By implementing a native approach, Asigna addresses two fundamental concerns: eliminating potential risks associated with smart contract strategies (specifically in the context of Stacks), and optimizing gas fees.

It supports a variety of assets including Bitcoin, Ordinals, and BRC20s. The wallet emphasizes a non-custodial, secure approach, offering functionalities such as sBTC integration and stacking with BTC rewards.

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About Velar

We remain steadfast in our commitment to offering unparalleled DeFi solutions with Bitcoin finality. As Velar progresses toward launching the first-ever perpetual DEX on Bitcoin, we remain committed to our core mission of creating a highly secure and efficient DeFi landscape. 

Recently, we introduced our sBTC Testnet Pool enabling users to interact with sBTC in a testnet environment, offering a risk-free space for experimentation. The mainnet will follow soon.

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