The Liquidium Foundation has released a liquid movement framework for Rune-based tokens that are active on Bitcoin’s Layer-1 network.
The protocol allows users to use tokens while retaining their native bitcoin format, using the chain fusion technology of internet computer for portfolio protection.
The Framework initially supports the installation of Liquidium’s LIQ tokens, which follow the Runen standard developed for Bitcoin.
Users receive liquid sliq tokens that represent their set positions, so that they can continue to act while they earn rewards. With the open-source protocol design, third-party developers can integrate extra assets-based assets.
The preparation of rewards are derived from protocol income instead of token inflation. Liquidium assigns 30% of the daily turnover of its credit platforms to buy LIQ tokens, which are then redistributed to strikers.
The company retains 70% of sales for operational costs. This mechanism is intended to create token scarcity and at the same time generate sustainable yields.
The Runes protocol, introduced as a Bitcoin-Native Token Standard, makes it possible to make fungic tokens directly on the BTC blockchain.
Technical implementation
The display system works through a decentralized Bitcoin portion that is protected by the chain fusion technology of internet computer.
The wallet works independently and only performs pre -defined strike contract logic without checking third parties. All transactions take place directly on Bitcoin’s moorstje without requiring fitted assets or custody outside the chain.
Robin Obermaier, co-founder and CEO of Liquidium, stated that the framework connects to the existing products of the company.
LiquidiumWTF, the peer-to-peer loan protocol of the platform, generates income via Bitcoin-collateral loans. Liquidiumfi, planned to launch later this year, will make cross-chain loans in Bitcoin, Ethereum and Solana networks possible.
The expansion framework integrates with the existing activities of Liquidium on Bitcoin layer 1. Since the launch, the platform has processed more than 102,000 loans, generated $ 8 million in lenders and facilitates $ 450 million at the loan volume.
The protocol supports ordinals, runes and BRC-20 tokens as collateral via partially signed Bitcoin transactions (PSBTs) and discreet log contracts with multiple signatures for Escrow.
Traditional implementations often require assets or move to secondary networks. The approach to Liquidium maintains the residence of Bitcoin network during the breaking process.
The company plans to expand its Defi -Ecosystem via the postponement framework while maintaining its focus on native bitcoin activities.
