- Summary:
- Velar aims to bring education and financial infrastructure together by rewarding informative and engaging content in Bitcoin DeFi.
Velar, a Bitcoin decentralized exchange protocol, has announced the launch of its Content Creator Yield Program, a first-of-its-kind initiative that rewards content creation in the same way as yield farming. This program will distribute 50,000 $VELAR weekly (200,000 $VELAR per month) among five contributors via a raffle entry system (velar.com/velarcreatorprogram) that converts their engagement into weekly rewards.
Under this initiative, content creators—from tweet authors to bloggers, video producers, and podcasters—will earn points for their contributions. These points translate into raffle entries, determining weekly winners. Velar aims to bring education and financial infrastructure together by rewarding informative and engaging content in Bitcoin DeFi.
“The Velar Creator Program is about recognizing the unsung heroes of the Bitcoin ecosystem – the creators who put in the work, with no support or incentives, simply because they believe in the mission. It’s time they get the rewards and respect they deserve.” said Peter Watson, Chief Marketing Officer at Velar.
50,000 $VELAR will be distributed weekly among contributors creating high-quality educational content in Bitcoin DeFi. Eligible formats include tweets, blogs, videos, and podcasts. Winners are selected through a points-based raffle system. Rewards will be sent to recipients’ wallets within 48 hours.
The Content Creator Yield Program introduces a sustainable compensation model for educators in Bitcoin DeFi, differing from traditional yield farming opportunities that were limited to only liquidity providers (LPs). Velar’s system recognizes all contributions towards growth as equally valuable, prioritizing the community-driven growth of DeFi education and the Velar ecosystem.
The initiative implements a thorough verification process to maintain quality standards, rewards engagement value rather than a mere volume of posts, and features weekly resets for fresh opportunities for newer and/or smaller creators to participate.
About Velar
Velar is building the user interface to access the most secure blockchain ever created. Velar enables anyone to effortlessly trade their favorite Bitcoin-based tokens with just a few clicks via a user-friendly interface. Velar is laying the groundwork for a new era of Bitcoin-powered financial innovation while unlocking untapped liquidity and empowering users to take control of their digital assets.