Description
Liquid Finance is a decentralized finance (DeFi) platform built on the Cardano blockchain, designed to offer non-custodial liquidity protocols. It enables users to earn interest on digital assets through lending and borrowing services, leveraging Cardano's scalability and lower transaction costs. The project distinguishes itself by solving capital inefficiency and value accrailure issues in DeFi markets through its innovative Liquid Arbitrage Mechanism (LAM) and the incorporation of a fractional-reserve model inspired by Frax Finance. This approach aims to enhance scalability and better position DeFi to compete with traditional finance. Liquid Finance offers incentives for liquidity providing, such as farming and bonding, to quickly grow protocol reserves and adoption. The platform employs a governance token for community-driven decision-making and utilizes Protocol Owned Liquidity (POL) to increase the price stability of its LIQD token. Protocol revenue, paid in ETH, benefits stakers and those who lock LIQD tokens, with an additional reward of forfeited vesting rewards for an 8-week locking period, further encouraging participation and investment in the platform.
Liquid Finance is a decentralized finance (DeFi) platform built on the Cardano blockchain, designed to offer non-custodial liquidity protocols. It enables users to earn interest on digital assets through lending and borrowing services, leveraging Cardano's scalability and lower transaction costs. The project distinguishes itself by solving capital inefficiency and value accrailure issues in DeFi markets through its innovative Liquid Arbitrage Mechanism (LAM) and the incorporation of a fractional-reserve model inspired by Frax Finance. This approach aims to enhance scalability and better position DeFi to compete with traditional finance. Liquid Finance offers incentives for liquidity providing, such as farming and bonding, to quickly grow protocol reserves and adoption. The platform employs a governance token for community-driven decision-making and utilizes Protocol Owned Liquidity (POL) to increase the price stability of its LIQD token. Protocol revenue, paid in ETH, benefits stakers and those who lock LIQD tokens, with an additional reward of forfeited vesting rewards for an 8-week locking period, further encouraging participation and investment in the platform.
Tags
- LIQD
- Other Tags+2