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What is Liqwid Finance?

Liqwid is an algorithmic and non-custodial liquidity protocol for earning interest on supplied assets and borrowing Cardano native assets.

Full description of Liqwid Finance

Liqwid is an algorithmic and non-custodial liquidity protocol for earning interest on supplied assets and borrowing Cardano native assets. Users of the protocol can interact with money markets implemented as a set of pooled liquidity smart contracts. Users supply assets (a lender) when they call the market contract's mint function and borrow against their supplied assets as collateral (a borrower) when they call the borrow contract. The Liqwid DAO Token ^(?) LQ unlocks voting power for protocol users to participate in the protocol's Decentralized ^(?) governance and when staked is used as a reserve asset generating two layers of yield for LQ stakers (liquidation profit and percent of total revenue).

• Official website
• Official whitepaper

• Exchange symbol ^(?): LQ
• Cryptocurrency type ^(?): Token ^(?)

Liqwid Finance for developers

• Block explorer ^(?): https://cardanoscan.io/token/8e420ce194ca84040ba6971e6ab816e3d76ee9ee
• gitHub: https://github.com/Liqwid-Labs

Liqwid Finance social sites

• Medium: https://liqwid-finance.medium.com/
• Discord: https://discord.com/invite/rQhbEBzpYm
• Twitter: https://twitter.com/liqwidfinance

 Source: NOMICS

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