Liquidify

1. Summary

Ranks

Liquidity

-

Developer

-

Social

73

Momentum (beta)

0

Stack Rank™

-

Price

$0.05 0.0%

Market Cap

$0.00 (#12188)

Supply

/

Tags

Binance Smart Chain Ecosystem BNB Chain Ecosystem

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Price
52W High price	$11.38
52W High date	19th Mar 2022 (3 years ago)
All Time High (ATH) Date	5th Feb 2025 (3 months ago)
All Time Low (ATL) Date	5th Feb 2025 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$1.00

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Description

Liquidify

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Liquidify

Liquidify is a decentralized finance (DeFi) protocol designed to enhance the value and liquidity of long-tail crypto assets. It achieves this by pooling smaller cryptocurrencies with mainstream, highly liquid assets in a single asset pool.

How Liquidify Works

• Users synthesize whitelisted tokens in exchange for LAT and LFY tokens. LAT is backed by the total asset pool value and utility value, while LFY is used for protocol governance.
• Users retain ownership of their original tokens and can redeem them at any time.
• The protocol offers a double opportunity for users to benefit: if LAT increases in value or if the original collateralized tokens appreciate.
• NFT synthetization will be introduced, allowing users to use NFTs as collateral and receive liquidity in the form of LAT and LFY.

Governance and Decentralization

• The Liquidify team consists of 20 professionals with experience in technology, finance, and crypto.
• After the initial development phase, Liquidify will transition to a decentralized, DAO-governed protocol.
• Governance rights will be exercised through the LFY token.

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