Introduction From the emergence of decentralized finance (DeFi) on the Bitcoin network to the implementation of the BRC-20 protocol and Ordinals, there has been a lot of activity on the Bitcoin network lately. One of the most notable developments that have been introduced to the Bitcoin ecosystem is the creation of…

We are excited to announce that the Velar v1 Dharma Testnet is now live! This marks a significant milestone for Velar as we take the first step towards building a one-stop DeFi suite with Bitcoin finality. By participating in this test network, you will have the opportunity to experience the…

What is Velar? Velar is an inflection point in the journey of DeFi on Bitcoin. Velar is a DeFi liquidity protocol built on Bitcoin via the Stacks smart contract layer solution. As an all-in-one DeFi protocol, Velar will bring a host of DeFi-native features, from token swaps to launchpad infrastructure, to drive the…

Introduction Do you know most volcanoes provide warnings before an eruption which involves the rise of magma toward the surface, which normally generates detectable earthquakes and so on? Unless you’re living under a rock, that’s exactly what we’re noticing lately. The emergence of Ordinals, BRC-20, Bitcoin transaction fees surpassing block subsidy…

Introduction This blog discusses one of the fascinating topics in the crypto space, coin burning. We shall learn about how burning is done and why. Definition Coin burning decreases the total supply of a particular cryptocurrency token by sending it to an invalid or burner wallet address. Burning is primarily done by…

Introduction Encryptions play an essential role in sending and receiving sensitive information among users. This blog discusses the importance and use of asymmetric encryptions in the case of Defi. What are encryptions? Encryption is the process of converting information into complicated codes to hide its original contents. The information can only be deciphered using…

Introduction One of the significant limitations of blockchain technology is the inability of various blockchains to interoperate. As a result, each blockchain is confined within the walls of its limitations. Blockchain bridges let different blockchains interact and allow users to choose the best qualities of individual blockchains. What are blockchain bridges? A blockchain bridge, also…

Introduction This blog discusses elastic supply tokens, their need, and how they operate. What is a Rebase token? A rebase, or elastic supply token algorithmically changes the total supply of circulating tokens to maintain a fixed token price. …

Introduction Our previous blogs discussed passive income and yield farming by leveraging ones’ assets in various Defi protocols. This blog will discuss liquid staking, how it works, and why it might be the next big trend in Defi. What is liquid staking? Liquid staking is a method of staking ones’ assets to allow the users…