Hermetica and Velar Team Up: Earn 5% Yield on Bitcoin-Backed USDh While Trading!

Hermetica just dropped a game-changer with Velar, offering traders a sweet 5% annual yield on the Bitcoin-backed stablecoin USDh. You can now rake in that yield while diving into Velar’s futures exchange on the Stacks network. It's like hitting two birds with one stone!

Hermetica, the brains behind the Bitcoin-backed stablecoin USDh, has joined forces with Velar to give traders a 5% annual yield. This juicy deal is available on Velar’s perpetual futures exchange, all happening on the Bitcoin Layer 2 network, Stacks. Get ready to level up your trading game!

With this new feature, you can earn yield on your USDh while you're out there trading leveraged Bitcoin positions. It's a total game-changer for how you can make your money work for you!

Active Collateral

Forget about your collateral just sitting there doing nothing. Usually, when you deposit stablecoins to open leveraged positions on futures platforms, it's just chilling. But not anymore!

Now, when you're trading on Velar PerpDEX with USDh, you can earn a weekly yield on that collateral. No need to stake or lock up your funds elsewhere. It's all about making your money work harder for you!

Earn 5% USDh yield while trading on VelarBTC's PerpDEX! This is one of a kind in DeFi, trade Bitcoin with leverage while earning a passive yield. Now exclusively on the sBTC/USDh pair. If you’re not in yet, what are you waiting for? 👀

Perpetual futures are the wild west of crypto derivatives, letting you bet on Bitcoin's future price without actually owning it. You can go long or short, cranking up the potential for both wins and losses. It's high stakes, high rewards!

Velar PerpDEX is bringing this thrill to Bitcoin’s DeFi scene through the Stacks network, which adds some serious smart contract magic to Bitcoin.

USDh is no ordinary stablecoin. It's pegged to the U.S. dollar but backed by Bitcoin, not your typical fiat reserves. And get this, it's designed to earn yield automatically. Hermetica claims it's the first stablecoin to offer yield in Bitcoin-native DeFi. That's some next-level stuff!

This new integration is all about making your capital work smarter, not harder. You can earn passive income from your stable collateral while you're out there trading BTC. It's a move that could pull more folks into the still-growing world of Bitcoin-based DeFi. Get ready to ride the wave!