I want to be able to hold my tokens long term. In order to do that and still get value from the token, I would like to be able to borrow against my tokens value. Having Minswap provide a method of borrowing against the value of my tokens, so that I can use those funds for my everyday life, and never sell my coins, would be ideal. Of course this type of feature would want to launch after the wild swings of voltility post launch are done with to avoid liquidations.
This is exactly the function that Liqwid Finance intends to perform. Check them out.
I’ve been watching them, can’t wait for it to launch. Also, not sure how to get their crypto yet
If we can get a stable oracle for LP tokens, you can even lend your LP tokens to Liqwid/any lending protocol and earn triple yields
Bingo. This is why $LQ is had such an intense FOMO run up in price. Frankly, the RealFi Summer is going to be coasting on a Liqwid foundation.