Liquidity Pools & Yield Farming

Velar Dharma introduces liquidity pools and yield farming opportunities to reward users for their participation and commitment to the protocol. Users can provide liquidity to various token pairs by depositing an equal value of each token into the corresponding AMM pool. In return, they receive LP tokens representing their share of the liquidity pool.

These LP tokens can then be staked in designated yield farming pools to earn additional rewards in the form of VELAR tokens. Yield farming incentivizes users to actively contribute liquidity and helps bootstrap adoption of the protocol. The rewards are distributed based on the proportion of LP tokens staked and the duration of staking.

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