Liqwid Labs is an on-chain lending protocol built on the Cardano blockchain that allows users to deposit assets for interest or borrow against their Cardano holdings without liquidating them. This platform provides instant liquidity and inclusive lending options, addressing the need for accessible financial services in the decentralized finance space.
Funding
$2.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional lending platforms often exclude individuals with limited access to credit or those seeking to leverage their cryptocurrency holdings without selling. Existing decentralized finance (DeFi) lending solutions may also be inefficient or lack user-friendly interfaces.
Solution
Liqwid Labs offers an on-chain lending protocol built on the Cardano blockchain, enabling users to deposit assets to earn interest or borrow against their Cardano holdings without liquidation. The platform provides instant liquidity and aims to deliver inclusive lending options within the DeFi ecosystem. By allowing users to leverage their assets without selling, Liqwid unlocks the value of Cardano holdings, providing access to liquidity. The protocol also facilitates community-driven on-chain governance, allowing users to participate in the ecosystem's growth.
Target Audience
Liqwid Labs targets individuals holding Cardano assets who seek to earn interest on their holdings or access liquidity without selling their tokens, as well as those interested in participating in the governance of a DeFi lending protocol.
Features
- Deposit Cardano assets and earn interest.
- Borrow assets, unlocking liquidity without selling tokens.
- Community-driven on-chain governance through the Liqwid DAO.
- Users can submit proposals and vote using LQ voting power.
- Participate in daily discussions via the Discord server.