This article is for general information purposes only and isn’t intended to be financial advice.
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Liqd announced Stage 1 of its three-staged rollout plan for the launch of its NFT liquidity marketplace on 22.Dec.2022. Stage 1 in particular offers $500k in instant liquidity available for Balance Pass Holders and early users. Many blue chip NFTs are also listed on the platform and early users have access to them.
In this article, we are especially exploring the unique features and key value propositions of the Liqd platform.
Liqd: A Quick Intro
Liqd enables NFT holders to unlock liquidity by borrowing against the value of their assets and brings about a peer-to-peer lending opportunity for individuals to lend capital for a set interest rate, backed by the underlying NFT assets.
Unique Propositions and Features
Liqd is an NFT lending and borrowing platform with the prime focus on providing outstanding user experience. Just take a look at our dApp and feel the difference.
Liqd supports lending assets in multiple currencies including all the most widely used DAI, USDT, ETH, WETH, WBTC. We will continue adding more currencies and listen to our communities' requests.
On Liqd, both borrowers and lenders can define the terms and conditions of the loan offers. This includes APRs, duration of the loan payment, the amount as well the cryptocurrency.
Collaborations and Partnerships
Liqd's infrastructure helps provide greater levels of stability in the wider blue chip NFT market, helping to prevent wild swings in the valuations of top-tier tokens.
Liqdqd has partnered with Nabu, the machine-learning-powered valuation engine to accurately price NFT collections based on both open and proprietary data sources, including trade volumes, sales history, NFT metadata, social media hype, and more.
Liqd also supports unstoppable domains.
Benefits and Fee Structure
Liqd fee structure is coupled with Balance Alpha passes and as such provides the holders of Balance passes larger fee discounts. Read more.
Decentralized and Peer-to-Peer
Liqd is completely decentralized peer-to-peer platform where everyone is welcome to participate in DeFi.
Liqd is already planning the rollout of stage 2 and 3 developments and further enhancements.
Stay in Touch
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