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Cryptocurrency News Articles

Velar Token Launches on Exchanges: Milestone in TradFi-DeFi Convergence

Apr 04, 2024 at 01:30 pm

Velar, a decentralized finance (DeFi) liquidity protocol, announces the official listing of its VELAR token across exchange platforms since April 3, 2024. The token is now available for trading on Bybit, Gate.io, Uniswap (UNI), and Velar's own Dharma Automated Market Maker (AMM), marking a significant milestone that underscores Velar's innovative vision and the growing convergence of traditional finance with the dynamic world of decentralized finance.

Velar Token Launches on Exchanges: Milestone in TradFi-DeFi Convergence

Velar Token Goes Live on Exchanges: A Milestone in the Convergence of Traditional Finance and DeFi

Velar, a decentralized finance (DeFi) liquidity protocol, has announced the official listing of its VELAR token on several major exchange platforms effective April 3, 2024. The token is now available for trading on Bybit, Gate.io, Uniswap (UNI), and Velar's own Dharma Automated Market Maker (AMM), marking a significant milestone that underscores Velar's innovative vision and the growing convergence of traditional finance with the dynamic world of DeFi.

Bridging Centralized and Decentralized Finance

The genesis of VELAR signifies the platform's readiness to make a lasting mark on the DeFi landscape by providing enhanced accessibility, liquidity, and participation opportunities. By leveraging both centralized and decentralized finance platforms, the DeFi protocol establishes an inclusive ecosystem where all participants can thrive.

Empowering the Community

To ensure the community is well-equipped, Velar has curated a suite of resources, including tutorials and blog posts that guide new users on how to participate in the Initial Dex Offering (IDO), understand the airdrop, and make the most of the exchange listings.

The Future of DeFi

The road ahead is ripe with opportunity as the Velar ecosystem continues to evolve and expand. Whether individuals choose to engage with the token through the Dharma Automated Market Maker, participate in the IDO, or claim their rightfully earned airdrop tokens, their involvement plays a pivotal role in shaping the trajectory of VELAR and the broader DeFi landscape.

Velar thus views these new developments as a clarion call for collective action, an opportunity to drive change and set new standards for innovation, security, and community engagement. In the words of Velar's visionary team, "This is not just a token listing; it's a call to action for the entire DeFi community. Together, we can reshape the future of finance and create a more inclusive, accessible, and equitable financial ecosystem for all."

About Velar

Velar is a decentralized finance (DeFi) protocol that bridges the gap between centralized and decentralized finance. The platform offers a range of services, including lending, borrowing, staking, and yield farming, all powered by the VELAR token. Velar is committed to providing a secure, transparent, and user-friendly platform that empowers users to take control of their finances.

Disclaimer

This press release is for informational purposes only and should not be construed as investment advice. Cryptocurrency investments are subject to market risk and volatility. Readers should conduct their own due diligence before making any investment decisions.

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Other articles published on Nov 16, 2024