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Velar (VELAR) is a DeFi liquidity protocol built on the Bitcoin blockchain, paving the way for integrating decentralized finance into one of the most secure and widely adopted cryptocurrencies. By unlocking the potential liquid value of at least $500 billion worth of Bitcoin into financial protocols, Velar aims to revolutionize how users launch and trade tokens on the blockchain. Participants can also earn rewards by providing liquidity to the pools in pool assets, making Velar an attractive option for those seeking both trading opportunities and yield generation.
With Velar, users can trade across multiple pairs of cryptocurrencies, expanding their options and enhancing their trading experience. The platform allows users to search for all available trading pairs, ensuring they can access a wide range of assets and markets. Additionally, Velar emphasizes the importance of self-custody, enabling users to have full control over their cryptocurrency assets without relying on a third-party custodian. This enhances security and empowers users to manage their funds independently.
Velar is backed by a team of notable investors and partners, including Alexei Zamyatin, Co-Founder of BoB, Paul Taylor, Venture Partner at BlackRock, and Cem Ozar, Co-Founder of Sovereign. The platform has undergone Strata Labs and Coin Fabrik audits to ensure its reliability and security. Users can stay updated on the latest developments and trends in the DeFi space by subscribing to Velar’s newsletter, which provides insights into DeFi trends, blockchain breakthroughs, and other crypto-related information.
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