The Freeliquid Protocol
Announcing the launch of Freeliquid and the FL token distribution
Summary
Freeliquid is a new decentralized lending platform, which offers USD stablecoin loans for providing liquidity pools (e.g., from Uniswap) as collaterals.
Users can lock their liquidity tokens on Freeliquid Borrow to immediately get funding up to 90% of the collateral while keeping the passive income from liquidity provider fees. The received funds can be for any purposes, for example, to create more liquidity pools or for trading.
At the first stage, following liquidity pairs will be supported as collateral: USDT/USDC, USDT/DAI, USDT/USDN, USDC/DAI.
There are two native tokens of the Freeliquid platform: the governance token $FL and the US dollar…