Post
🥇️What is LIQUIDIUMTOKEN? Lending protocol on Bitcoin Liquidium
🌿Liquidium is a project that supports P2P Bitcoin borrowing and lending activities. Users can use Bitcoin-based assets such as Ordinals, Runes as collateral to borrow or lend BTC. Operations on Liquidium are facilitated and safely through two mechanisms: Partially Signed Bitcoin Transactions (PSBT) and Discreet Log Contracts (DLC.
🌏Currently, Liquidium is compatible with Xverse and Magic Eden wallets. Both are available as browser extensions.
💲The project has just announced the completion of its Seed capital call on July 18, successfully raising 2.75 million USD. Previously, in the Pre-Seed round, the project earned 1.25 million USD.
🔓Mechanism of action of Liquidium
📌Borrow assets
✅ Liquidium system provides a list of qualified collateral.
✅Borrowers find the collection they own in the "Borrow" page.
✅Select the Ordinal you want to use as collateral and click on "Borrow".
✅Check loan conditions including loan amount, loan term, interest rate.
✅After the lender confirms, the system will send a notification and the loan will take effect.
🎮 Asset lending
🔝The Liquidium system provides a list of qualified collateral.
🔝Lenders select the Ordinals collection they want as collateral in the "Lend" page.
🔝Set parameters for the loan.
🔝Wait for system notification when a borrower agrees to the requirements. Confirm to start loan.
#Coinbay #Liquidium #LIQUIDIUMTOKEN #bitgetairdrop
🌿Liquidium is a project that supports P2P Bitcoin borrowing and lending activities. Users can use Bitcoin-based assets such as Ordinals, Runes as collateral to borrow or lend BTC. Operations on Liquidium are facilitated and safely through two mechanisms: Partially Signed Bitcoin Transactions (PSBT) and Discreet Log Contracts (DLC.
🌏Currently, Liquidium is compatible with Xverse and Magic Eden wallets. Both are available as browser extensions.
💲The project has just announced the completion of its Seed capital call on July 18, successfully raising 2.75 million USD. Previously, in the Pre-Seed round, the project earned 1.25 million USD.
🔓Mechanism of action of Liquidium
📌Borrow assets
✅ Liquidium system provides a list of qualified collateral.
✅Borrowers find the collection they own in the "Borrow" page.
✅Select the Ordinal you want to use as collateral and click on "Borrow".
✅Check loan conditions including loan amount, loan term, interest rate.
✅After the lender confirms, the system will send a notification and the loan will take effect.
🎮 Asset lending
🔝The Liquidium system provides a list of qualified collateral.
🔝Lenders select the Ordinals collection they want as collateral in the "Lend" page.
🔝Set parameters for the loan.
🔝Wait for system notification when a borrower agrees to the requirements. Confirm to start loan.
#Coinbay #Liquidium #LIQUIDIUMTOKEN #bitgetairdrop