Velar Launches Dharma AMM to Unlock DeFi Liquidity on Bitcoin | DeFi & Ethereum News
Velar Launches Dharma AMM to Unlock DeFi Liquidity on Bitcoin
Bitcoin liquidity protocol Velar has announced the launch of Dharma, its Automated Market Maker (AMM) to bring DeFi liquidity to the Bitcoin ecosystem. Set to go live on Bitcoin L2 Stacks on March 19th, Dharma will expand the DeFi capabilities of the Bitcoin network. Two token pairs will be supported upon launch with additional tokens set to be added on consecutive days. STX-ABTC and STX-AEUSDC will initially be available for trading before being complemented by the introduction of further pairs.