Liqwid Finance is launching soon 🚀

Let's discuss:
💧What is Liqwid?
💧What is qADA?
💧What is LQ?
💧How to maximize gains (6x yield)?
💧What are the risks?
💧Aquafarmer NFT
💧and more...

🧵a MEGA thread #Cardano #DeFi 💧What is Liqwid?
Liqwid is a lending and borrowing protocol on Cardano.

Simliar to AAVE it is non-custodial and decentralized.

Lenders earn interest, while borrowers take out perpetual loans by over-collateralization

Loan Interest Rates are determined by market demand & usage

A new stablecoin launches on Cardano next week!

Let's talk about $DJED!
🪙What is a stablecoin?
🪙What is DJED?
🪙How do I get DJED?
🪙What is SHEN?
🪙What rewards can be earned?
🪙and more...

🧵a thread #COTI 🪙What is a stablecoin?
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value, usually by being pegged to the value of other assets such as fiat currencies, precious metals, stocks, or other cryptocurrencies

As we approach the June HF the full power of DeFi on Cardano will begin to be unleashed

Let's take a look at the pillars of DeFi and what projects will lay the ground work and allow you to earn passive income

🧵1/n Exchanges
Decentralized Exchanges (DEXs) allow users to exchange tokens without giving up custody of their assets

They can be Automated Market Makers or Orderbook

Users are rewarded with fees for providing liquidity and also yield farming rewards as an extra incentive
2/n