Liquid Protocol

Liquid Protocol (LP)

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

1 LP = 0.000003 BTC Bitcoin (BTC)
0.3482838 BTC

Last updated: 2024-04-02 20:59:00 UTC - about 2 years ago 1 USD = 0.000010 BTC

General information
Global rank:4721
Name: Liquid Protocol Liquid Protocol
Symbol:LP
Current coin price (BTC):0.000003 BTC
Last hour:arrow_upward0.000000 %
Last 24 hours:arrow_downward-0.650 %
Last 7 days:-17.56 %trending_down
Capitalisation (BTC):0.000000 BTC
Volume 24h (BTC):0.219 BTC
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/Bitcoin (LP/BTC) price chart

Liquid Protocol/Bitcoin (LP/BTC) 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​​.