< all projects
This project has been archived

This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.

This project has been flagged by the community!

We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.

The community raised some concerns regarding this project!

We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.

Liqwid

Liqwid

An open-source, algorithmic and non-custodial interest rate protocol built for lenders, borrowers and developers.

Project status
Live
Liqwid
LQ
USD Icon
Usd
Download icon
$0.1925
$3.75%
24h

About 

Liqwid

Liqwid is an interest rate curve DeFi liquidity protocol for the Cardano ecosystem. It establishes a decentralized marketplace for lenders and borrowers to seamlessly interact via supplying funds, minting interest-bearing qTokens, borrowing assets and participating in governance.

The solution is built on the Cardano UTXO model for deterministic, secure, and low-cost transactions. The Liqwid Protocol is built to enable any liquidity provider or user to access interest and liquidity on-demand and for developers to unlock a web3-verse of open financial applications.

  • Supply: Liqwid establishes decentralized money markets via smart contracts to enable lenders to automatically earn the prevailing supply rate and developers to build interest directly into their product. Balances held within the protocol can earn interest based on the market demand for that asset. Interest is earned by the block and can be used as collateral to borrow assets.
  • Borrow: Use your qToken collateral to borrow from the Liqwid Protocol instantly with no trading fees, no slippage and directly on the Cardano blockchain. With Liqwid you gain on-demand access to a global interest rate curve liquidity pool directly on-chain.
  • Token: Liqwid interest bearing tokens (qTokens for short) are minted upon supplying and burned when users withdraw funds. The qTokens are pegged 1:1 to the value of the underlying asset supplied to Liqwid protocol. By minting qTokens, users earn interest through the qToken's exchange rate, which continuously increases in value relative to the underlying asset and can use qTokens as collateral. While the underlying asset is loaned out to borrowers, qTokens accrue interest in real time, directly in your Cardano wallet.
  • Governance: Liqwid is managed by a decentralized community of LQ token-holders and their delegates, who propose and vote on upgrades to the protocol or request project funding from the LiqwiDAO Treasury. Participate in governance to develop the future of the Liqwid Protocol, all based on $LQ.

Login or Sign up to join the conversation.

Join the discussion

Cubelogo

0 comments

Active Here: 0
Be the first to leave a comment.
Loading
Someone is typing
Cubelogo
Cuber
Set
This is the actual comment. It's can be long or short. And must contain only text information.
Edited
Your comment will appear once approved by a moderator.
Cubelogo
Cuber
Set
This is the actual comment. It's can be long or short. And must contain only text information.
Edited
Your reply will appear once approved by a moderator.
Load More
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Load More
About
Liqwid
About
Liqwid
Promoted project
No items found.
We use cookies to enhance your experience. Check our Privacy Policy.
Verify your email
Please verify your email address by clicking the link sent to youremail@gmail.com
Resend Verification Email
Questions? Email us at hello@cardanocube.com