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).
Where is Liqwid Finance available for purchase?
You can exchange LQ tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Liqwid Finance is Minswap, notably the LQ/ADA pair, which saw a trading volume of $ 49,819 in the past day. Additionally, Sundaeswap and WingRiders are popular alternatives for trading tokens.
What is the highest value Liqwid Finance (LQ) has ever reached?
Liqwid Finance (LQ) reached its peak price at 125.74 $ on 12 April 2022, approximately 3 years ago ago. Presently, the current price is -97.2% lower than this all-time high.
What is the historical minimum price for Liqwid Finance (LQ)?
The minimum price reached for Liqwid Finance (LQ) was 0.0531 $, documented on 11 January 2024, more than 2 years ago. In comparison, the current price is 113,22 MLN.%, it above this historical low.
What is the fully diluted valuation of Liqwid Finance (LQ)?
The fully diluted valuation (FDV) of Liqwid Finance (LQ) stands at $ 66,96 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 21,000,000 LQ tokens. The realization of this FDV might take several years depending on the emission schedule of LQ tokens.