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Velar – Incentivized Testnet airdrop

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Join the live Velar Incentivized Testnet now! Over the next four weeks, users will receive a $VELAR Airdrop at TGE. Velar is an innovative project that brings DeFi to the Bitcoin ecosystem, unlocking its potential through the Stacks smart contract layer. The platform offers various features such as an automated liquidity protocol, staking, farming, and an IDO launchpad. The $VELAR token is at the core of the ecosystem, enabling governance participation, incentivizing users, liquidity providers, and developers, and fostering sustainable growth and decentralization.

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About Velar – Incentivized Testnet

Participate in the VELAR Airdrop during the Token Generation Event (TGE) and revolutionize DeFi in the Bitcoin ecosystem. By utilizing the Stacks smart contract layer, VELAR unlocks the true potential of the platform. Enjoy a range of features, such as automated liquidity protocols, staking, farming, and an IDO launchpad. The VELAR token promotes governance participation, incentivizes users, liquidity providers, and developers, and fosters sustainable growth and decentralization within the Velar ecosystem.

Step-by-step guide

Download the Bitcoin wallet Hiro, and keep your seed phrase secure. Change the network from Mainnet (default) To Testnet. Visit the Stacks Faucet to acquire Testnet $STX for free. Wait for the $STX to appear in your wallet (~ 10-15 mins). Open the Velar app and use the swap function to exchange your Testnet STX for Testnet VELAR. Add liquidity to the STX/VELAR pool through the Velar app and start earning fees by selecting “Add Liquidity.” Remove your liquidity by selecting the same pool and clicking “Remove Liquidity” in the “My Liquidity” tab.

Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).

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