Velar Unleashes VELAR Token: A Bitcoin DeFi Revolution via Bybit IEO

Velar is set to launch its native token, VELAR, through an Initial Exchange Offering (IEO) on crypto exchange Bybit. The alignment with Bybit, one of the world's leading exchanges, aims to expedite growth and adoption globally. Velar's launch is anticipated to enhance liquidity and utility within the Bitcoin DeFi landscape, tapping into its immense potential and offering opportunities for holders.

Velar Ready to Unleash Its VELAR Token: A Game-Changer for Bitcoin DeFi?

Velar is poised to make waves with the introduction of its native VELAR token through an Initial Exchange Offering (IEO) on the esteemed crypto exchange Bybit. Mark your calendars for April 3rd, as this token is set to make its grand debut alongside the Initial DEX Offering. The strategic alignment with Bybit signals Velar's ambitious roadmap to accelerate its global presence and foster wider adoption.

Will Velar Bolster Bitcoin DeFi's Liquidity?

Velar's launch promises to be a turning point for Bitcoin's DeFi ecosystem, injecting a much-needed liquidity boost and expanding its utility. Bybit, a heavyweight in the crypto world, is poised to play a pivotal role in this endeavor, according to the platform's announcement.

Velar CEO Expresses Excitement and Optimism

Mithil Thakore, Velar's Co-founder and CEO, couldn't contain his excitement about the upcoming listing on Bybit: "This moment holds immense significance for the entire Bitcoin ecosystem. We're eager to witness the global response and adoption of Bitcoin ecosystem projects firsthand. This isn't just about our project; it's about paving the way for countless others."

Untapped Bitcoin Liquidity: A Treasure Trove for Velar

While Ethereum boasts an impressive $50 billion in DeFi protocol liquidity, Velar sees tremendous potential in tapping into Bitcoin's dormant $1 trillion BTC capital. This strategic move empowers Bitcoin holders to seize opportunities and ride the wave of yields facilitated by the burgeoning smart contracts industry.

VELAR's Bybit Listing: A Prelude to Further Success

The upcoming IEO on Bybit comes hot on the heels of Velar's successful launch of Dharma, an automated market maker (AMM) and decentralized exchange (DEX). This platform has already garnered a loyal following of over 150k users, who enjoy access to a suite of features including token swaps, liquidity pools, staking, and yield farming.