Velar Launches Dharma AMM: A Game-Changer for Bitcoin in DeFi! Velar, the trailblazing decentralized finance (defi) liquidity protocol, has just unleashed its latest innovation:
Dharma, an automated market maker (AMM). This cutting-edge addition empowers users to
swap tokens directly on the blockchain through a decentralized exchange (dex) experience.
Powered by the
L2 Stacks network, Dharma is kicking off with two exciting token pairings: STX-ABTC and STX-AEUSDC. But that's just the beginning! Velar's visionary team has big plans to expand this selection, bringing more opportunities to the ever-growing Bitcoin defi ecosystem.
The rise of Bitcoin in defi is undeniable. With its value locked surging, it now claims a remarkable
sixth place among various blockchain networks, as per defillama data. And Velar isn't missing a beat, leveraging the inherent security of the Bitcoin network to fortify Dharma's foundations.
"We're not just launching a product; we're igniting a movement," proclaims Mithil Thakore, the forward-thinking CEO of Velar. By providing a
secure and non-custodial environment for users to maximize their assets, Dharma aims to unlock a new era of financial freedom in the realm of decentralized finance on Bitcoin.
Get ready for an exhilarating ride as Velar propels Bitcoin into the dazzling spotlight of defi with its game-changing Dharma AMM. The future of finance is here, and it's decentralized!
