Bitcoin-Native Defi Protocol Liquidium has assumed an important management proposal that has introduced a new deployment model that has been linked to the platform income.
The indigenous token of the protocol has risen more than 73.3% since the proposal was approved earlier this week. It traded at around $ 0.25 from the moment of the press, based on Coingecko facts.
Introducing Liquidium Introducing
On May 13, the Liquidium Foundation confirmed That LIP-12 went on with full support from the community and marked an important step in the development of the protocol.
LIP-12 introduces a procrastination mechanism with which LIQ-holders can earn rewards that are directly linked to the turnover of the platform.
Under the new model, users can use LIQ -Tokens to receive sliq, a derivative for the use of liquid that represents their share in the deportation pool.
As part of the remuneration mechanism, 30% of the daily income of the protocol will be allocated for market purchase of LIQ from centralized trade fairs. The purchased tokens are then distributed to strikers. The remaining 70% of the turnover covers operational costs.
The initiative is designed to strengthen long -term token retention and to generate a consistent demand by automated return. The foundation noted that the development is already underway and a launch date will be announced soon.
New identity
In addition to the postponement initiative, Liquidium has renowned From liquidiumfi to liquidiumwtf.
The protocol explained that the updated name reflects the embrace of the Platform of the experimental boundaries of Bitcoin, including ordinals and memeco inculture.
Liquidium CTO Peter Giammanco said that the Rebrand reflects the journey of the platform when building Defi tools on Bitcoin. He emphasized the team’s efforts to simplify complex technologies while maintaining the cernethos of the Bitcoin network.
He added:
“The goal has always been to change complexity in clarity, to take what is impossible on Bitcoin and to make it feel intuitive. That Ethos is baked in everything we do.”
Despite the new branding, Liquidium will continue to support its existing peer-to-peer Bitcoin Lending app. The update also introduces a reward function with which users can earn 30% of the points of a referred user from their first five loans.
In the meantime, the team will debut a new product called Liquidium.fi at the upcoming Bitcoin 2025 conference. This newest offer will promote the message “Borrow Beyond Borders”, which gives a broader vision of the reach of its reach outside his current user base.
