{"id":28305,"date":"2024-03-27T17:30:58","date_gmt":"2024-03-27T17:30:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/velars-native-token-to-list-on-bybit\/"},"modified":"2024-03-27T17:30:58","modified_gmt":"2024-03-27T17:30:58","slug":"velars-native-token-to-list-on-bybit","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/velars-native-token-to-list-on-bybit\/","title":{"rendered":"Velar\u2019s native token to list on Bybit"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/velar-listing-bybit-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/velar-listing-bybit-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/velar-listing-bybit-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/velar-listing-bybit-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Bybit will list VELAR, the native token of Bitcoin liquidity protocol Velar on April 3.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Velar\u2019s listing on Bybit will be via an initial exchange offering and marks a major milestone for Bitcoin ecosystem.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Velar is set to launch its native token VELAR via an Initial Exchange Offering (IEO) on crypto exchange Bybit. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The Bitcoin liquidity protocol said in an announcement on Wednesday that VELAR will go live on Bybit on April 3 and will coincide with its Initial DEX offering.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Also notably, VELAR on a top tier crypto platform aligns with the project\u2019s roadmap for accelerating its growth and adoption across the global marketplace.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to a news release shared with CoinJournal, this is significant milestone for the DeFi ecosystem on <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a>. In particular,\u00a0<\/span><span style=\"font-weight: 400\">Velar\u2019s launch is expected to bolster liquidity and utility within the Bitcoin DeFi ecosystem. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Bybit\u2019s position as one of the world\u2019s top spot and derivatives exchange platforms will play a huge part in this, the platform noted in the announcement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c<em>As we prepare to go live on Bybit, one of the world\u2019s top 3 crypto exchanges, with the listing of $VELAR token on April 3rd, we recognize the significance of this moment for the entire Bitcoin ecosystem,<\/em>\u201d Velar co-founder &amp; CEO Mithil Thakore said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Velar chief added, \u201c<em>This marks a pivotal juncture where we\u2019ll witness firsthand the interest and adoption of Bitcoin ecosystem projects on a global scale. It\u2019s not just about our project; it\u2019s about paving the way for countless others.\u201d<\/em><\/span><\/p>\n<h2><span style=\"font-weight: 400\">The Bitcoin DeFi ecosystem continues to grow<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Ethereum has over <a href=\"https:\/\/defillama.com\/chain\/Ethereum?inflows=false&amp;tvl=true&amp;developers=false\" target=\"_blank\" rel=\"noopener\">$50 billion in liquidity<\/a> locked across <a href=\"https:\/\/coinjournal.net\/news\/tag\/defi\/\">DeFi protocols<\/a>. <\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Velar, this is an outlook that suggests enormous potential for Bitcoin, the benchmark crypto asset. The upcoming launch offers an opportunity for Velar to tap into more than $1 trillion in dormant BTC capital.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The prospect means Bitcoin holders can leverage the opportunities, including yields, that the smart contracts industry offers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">VELAR\u2019s listing on Bybit comes after Velar successfully <a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/07\/31\/2714797\/0\/en\/Velar-Protocol-Unveils-Velar-Dharma-Mainnet-Revolutionizing-DeFi-on-Bitcoin.html\" target=\"_blank\" rel=\"noopener\">launched Dharma<\/a>, an automated market maker (AMM) and decentralized exchange (DEX). The platform has already attracted over 150k users, with users able to access features such as token swaps, liquidity pools, staking and yield farming.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitcoin continues to see unprecedented growth and a new era of DeFi, NFTs and gaming is seen as the next big thing. Velar has a first mover advantage as it seeks to bring more BTC into the DeFi landscape.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to today\u2019s press release, Velar will soon launch its V2 mainnet to introduce a Bitcoin-native perpetual DEX platform. The pioneering non-custodial platform will offer up to 20x leverage.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/velars-native-token-to-list-on-bybit\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) Bybit will list VELAR, the native token of Bitcoin liquidity protocol Velar on April 3. Velar\u2019s listing on Bybit will be via an initial exchange offering and marks a major milestone for Bitcoin ecosystem. Velar is set to launch its [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":28306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/28305"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=28305"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/28305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/28306"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=28305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=28305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=28305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}