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What is Liqwid Finance (LQ)?

Liqwid Finance is a decentralized liquidity platform on the Cardano blockchain that facilitates lending and borrowing. Users can earn interest on their assets and access instant loans without traditional banks. Key features include decentralized lending and borrowing, where users deposit Cardano native assets into pools to earn interest or borrow by overcollateralizing their holdings. It is non-custodial, so users keep control of their assets, reducing risks associated with centralized platforms. Built on Cardano's blockchain with Plutus smart contracts, the platform offers secured and transparent operations. Borrowers must provide collateral exceeding the loan amount to mitigate risk. Lombard loans allow borrowing against staked ADA without forfeiting staking rewards. The platform is gove...

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