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Velar Protocol is a DeFi platform tailored specifically for Bitcoin, empowering users to tap into the vast liquidity locked within the Bitcoin ecosystem. Inspired by Uniswap v2, this protocol is built using the Clarity language on the Stacks Layer 2 blockchain. Beyond its core functionality, Velar Protocol offers farming and staking opportunities for users to optimize their yield. Additionally, it serves as an IDO launchpad, simplifying the token launch process on the Stacks platform.

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Velar will use the funds to fast-track development of its flagship product Velar Artha - positioned to be the first-ever perpetual DEX on Bitcoin.IEO on Bybit. Details:<ul><li>Total Allocation: 1,000,000,000 VELAR</li><li>Initial Supply: 4% of Total Token Supply</li><li>Price: $0.03 (conversion rate between MNT and VELAR will be confirmed when the Subscription Period starts)</li><li>Total Allocated for Launchpad: 8,000,000 VELAR</li><li>Total Allocation (Subscription): 4,000,000 VELAR</li><li>Total Allocation (Lottery): 4,000,000 VELAR</li><li>Cap per Subscriber (Subscription): 10,000 VELAR</li><li>Allocation per Winning Ticket (Lottery): 400 VELAR</li><li>Token Vesting Period: No Lock-Up</li><li>Token Type: Ethereum</li></ul>

Velar

Velar Protocol is a DeFi platform tailored specifically for Bitcoin.

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