LiquidDriver

LiquidDriver

LQDR
$0.821479%-2.64

Key Metrics

Price$0.821479
Real Volume (24H)$12,760.8
Marketcap$2,660,978
Fully Diluted ValuationN/A
ATH$56.5
ATH Date1/17/2022, 3:39:17 AM
ATL$0.312463
ATL Date8/11/2021, 7:12:21 AM
Circulating Supply3.2M
Total Supply1.7M
WebsiteN/A
WhitepaperN/A
Popularity Rank1332
Chart
What is LiquidDriver?

LiquidDriver is the first liquidity mining dApp that provides liquidity-as-a-service in the Fantom ecosystem. Our aim is to bring more utility, rewards, and long-term benefits to our users through our native token, LQDR, and ultimately become the leading liquidity-on-demand platform for dApps on the Fantom Opera Mainnet.

At LiquidDriver, we offer a variety of features that help our users maximize their crypto holdings while earning high yields. Here are some of our key features:

Farms: Users can stake their SpiritSwap, SpookySwap, and Beethoven-x LP tokens on our platform and earn our native token, LQDR, as a reward.

Single Sided Farms: Users can stake their Hundred hTokens and earn HND rewards at the maximum boosted rate.

Shadow Farms: Users can stake their SpiritSwap, SpookySwap, and Beethoven-x LP tokens and earn their yield-bearing governance tokens (xBOO, fBEETS, linSPIRIT) as rewards.

Vault Strategy: LP tokens staked in our pools will be deployed to our strategy contracts and staked in our partners' pools to generate yields, which are then redistributed to xLQDR holders through our Revenue-Sharing Vault.

Revenue-Sharing Vault: xLQDR holders receive daily rewards from our Revenue-Sharing vault. Rewards are collected from 1/ our strategies behind our staking pools 2/ a performance fee applied on top of the Shadow Farms. Currently, these rewards are LINSPIRIT, BOO, SPELL, BEETS, and LQDR.

xLQDR: Lock your LQDR to generate xLQDR, the yield-producing vested version of LQDR. The longer your locking time, the higher the amount of xLQDR you receive.

xLQDR FNFT: ERC-721 version of xLQDR by Revest.Finance. The FNFT can be sold on Paintswap. The FNFT allows different positions with different principal amounts and lock periods to be taken with a single wallet address. Like the traditional xLQDR, the lock period can be increased and the rewards be claimed on a daily basis.

cLQDR: The auto-compounding version of xLQDR by Growth.Defi. Users deposit their LQDR to mint cLQDR. Growth.Defi locks the LQDR as xLQDR and auto-compounds the rewards for more xLQDR. As a result, cLQDR appreciates against LQDR over time. cLQDR can be freely swapped on Beethoven-x.

Leveraged Farming (to be released): Farm on your favorite AMM's platform with leverage through a single, all-in-one transaction. Single-sided Vaults (to be released): Deposit stables or wFTM to a vault to earn rewards.

Liquidity mining dApps are typically intensive in token emissions, so LiquidDriver focuses on providing sustainably high APYs for liquidity providers over a long-term investment horizon. By increasing the value, utility, and overall demand of LQDR, we can incentivize more participation in the protocol and grow our total value locked (TVL).

Total value locked (TVL) growth is our biggest metric to assess the project’s success. As the protocol advances, we continuously develop more effective ways to link TVL growth with user rewards. We introduced xLQDR, a high-yield vested version of LQDR that maximizes returns for our long-term users and locks the supply away.

A Virtuous Cycle

Users deposit LP tokens in LiquidDriver's farms and earn rewards in LQDR and other governance tokens. These LP tokens are then redeposited in partner farms to generate additional yields. In the case of Shadow Farms, the yields are compounded into staked governance tokens, while a performance fee is sent to xLQDR holders. Traditional farms redistribute the yield to xLQDR holders while users earn LQDR. By incentivizing users to lock their LQDR and earn yields generated by the entire platform, LiquidDriver aims to bring more utility, rewards, and long-term benefits to its users. With no deposit or withdrawal fees, no KYC, no frozen funds, and no registration required, earning yields with LiquidDriver is a safe and easy way to start earning with your crypto.

In conclusion, LiquidDriver is the first liquidity mining dApp providing liquidity-as-a-service in the Fantom ecosystem. Its sustainable high APYs and native token LQDR aim to incentivize more participation in the protocol and grow its total value locked. The introduction of xLQDR, a high-yield vested version of LQDR, maximizes returns for long-term users and locks the supply away. With a focus on providing utility, rewards, and long-term benefits to its users, LiquidDriver strives to become the leading liquidity-on-demand platform for dApps on the Fantom Opera Mainnet. Its simple and secure approach to earning yields is a game-changer in the liquidity mining space, providing a virtuous cycle that benefits all stakeholders.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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