The leading Bitcoin-based liquidity protocol, Velar, has partnered with StackingDAO to introduce a new STX/stSTX stableswap pool on Stacks. This collaboration aims to address liquidity challenges in the Stacks ecosystem and provide yield opportunities for STX and stSTX holders. The new trading pair on Velar DEX simplifies and reduces costs for investors entering and exiting their staking positions. Incentives are offered to liquidity providers, including daily rewards in VELAR tokens and a boost in StackingDAO points. The partnership aims to attract both individual and institutional investors while maximizing returns and supporting ecosystem growth. The collaboration strengthens Stacks by aligning two leading projects and enhances functionality for advanced DeFi users. Velar's mission is to unlock dormant Bitcoin capital and pave the way for Bitcoin-native DeFi applications.



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