Liquid Loans is the first truly decentralized lending protocol built for PulseChain. Its operations are immutable, non-custodial, and governance-free. As a true DeFi project with no admin keys, Liquid Loans empowers users to borrow and lend assets without intermediaries and creates new ways to build consistent passive income.
What Tokens Does Liquid Loans Use?
USDL is a true DeFi stablecoin pegged 1:1 to the price of the US dollar. It is fully overcollateralized, and instantly redeemable at any time for the equivalent value of PLS.LOAN is a rewards token given to users who stake PLS or USDL in the Liquid Loans ecosystem.
Liquid Loans Features
DeFi Done Right: Access a true decentralized finance project that is fully immutable and has no admin-keys. The protocol can't be changed by anyone, and you have full control of your funds.
Consistent Passive Income: No matter how much you start with, LL lets you earn high APRs by staking in the Staking Pool or Stability Pool.
Interest-Free Lending: Get the 0% interest-free loan that you deserve. The LL protocol lets you lock your PLS as collateral and take out a loan against yourself. There are no repayment deadlines, interest, or predatory practices.
Transparent and Fully-Audited: The LL protocol has been publicly audited by Halborn, one of the most robust cybersecurity companies in crypto, ensuring its safety.
Painless Price Exposure: Mint USDL, a dollar-backed stablecoin that can instantly be redeemed for the equivalent value of PLS at any time. This lets you shield yourself from volatility while being able to quickly catch price hikes.
#NeverSelling: When you sell your coins, you could miss out on future gains, dump on the community, and even incur a taxable event. Fortunately, LL lets you access the value of your PLS without the consequences of selling your coins.
How It Works
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