Liquid Protocol

Liquid Protocol (LP)

Full information about Liquid Protocol (LP). Current Liquid Protocol price in BAM, LP open/close rates, Liquid Protocol history charts, Liquid Protocol market capitalization and volume.

1 LP = 0.585 KM Bosnia-Herzegovina Convertible Mark (BAM)
0.3482838 BAM

Last updated: 2024-04-02 20:59:00 UTC - about 2 years ago 1 USD = 1.680508 BAM

General information
Global rank:4721
Name: Liquid Protocol Liquid Protocol
Symbol:LP
Current coin price (BAM):0.585 KM
Last hour:arrow_upward0.000000 %
Last 24 hours:arrow_downward-0.650 %
Last 7 days:-17.56 %trending_down
Capitalisation (BAM):0.000000 KM
Volume 24h (BAM):36 730.86 KM
Available supply:0.000000 LP
Total coin supply:-1 LP
Start date:2023-10-02
Last updated: 2024-04-02 20:59:00 UTC - about 2 years ago

Liquid Protocol/Bosnia-Herzegovina Convertible Mark (LP/BAM) price chart

Liquid Protocol/Bosnia-Herzegovina Convertible Mark (LP/BAM) capitalisation and volume charts

What is Liquid Protocol (LP)?

Liquid Protocol (LP) is an innovative platform on the Ethereum network, compatible with UNISWAP V2, providing advanced solutions for liquidity providers. It allows users to deploy contracts on a free, remix-like site and borrow liquidity from its treasury. This generates passive income distributed to token holders. The platform offers a cost-effective liquidity funding alternative without locking funds and earns solely from the project’s trading volume, imposing no taxes on launched projects​​.

What is Liquid Protocol (LP) used for?

The Liquid Protocol is used for providing liquidity solutions in the following ways:

Liquidity by Treasury: Funded by the coins taxes, users can borrow from the Treasury to use as liquidity for ERC20 tokens on UNISWAP V2. It offers a fixed rate guaranteed, with varying options depending on the market and lenders​​.

Liquidity by Lenders: Users can stake ETH and lend liquidity, earning 75% of the generated revenue, with 25% going to the protocol. Borrowers can borrow ETH at the lenders' rate with no token taxes​​.

For Depositors: When tokens are deposited into a crypto liquidity pool, users receive LP tokens representing their share of the pool, allowing total control over their share without interference​​.