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Velar Partners with StackingDAO for First STX/stSTX Stableswap
Velar, a leading Bitcoin-based liquidity protocol, has teamed up with StackingDAO to unveil the world’s first dedicated STX/stSTX stableswap trading pair on Stacks. This collaboration is poised to reshape the way liquidity operates within the Stacks ecosystem, offering a seamless, low-cost, and high-efficiency solution for trading STX and stSTX tokens.
Velar, known for its role in unlocking Bitcoin’s untapped potential, has consistently worked to bring Bitcoin’s liquidity to decentralized finance markets. By collaborating with StackingDAO, the two projects aim to address a crucial gap in the Stacks ecosystem. The partnership introduces a unique stableswap trading pair on Velar’s decentralized exchange (DEX), dedicated to STX and stSTX tokens.
Peter Watson, Chief Marketing Officer of Velar, emphasized the company’s commitment to innovation. He said the collaboration with StackingDAO marks
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