Read on Twitter
What if I told you there is a project out there with a valuable WORKING PRODUCT in DEFI with only a $6M market cap?
There is, its called @freeliquidUSDFL $FL
It's quite UNDERVALUED in this market - and more eyes should be on FreeLiquid now (thread)
https://freeliquid.io/
There is, its called @freeliquidUSDFL $FL
It's quite UNDERVALUED in this market - and more eyes should be on FreeLiquid now (thread)
https://freeliquid.io/
Right now, there are billions and billions of dollars staked in liquidity pools (LPs) on Uniswap, Sushiswap
These LPs are gaining great interest -APY but your cash is locked with no ability to use as collateral to unlock liquidity
Enter FreeLiquid
These LPs are gaining great interest -APY but your cash is locked with no ability to use as collateral to unlock liquidity
Enter FreeLiquid
Imagine you have $10,000 sitting on Uniswap, staked in the USDC-USDT pool
This earns you roughly 10% in yearly interest! Which is great.
But what if you could do more with that money stuck in the LP?
Now with FreeLiquid you can pull liquidity off of your staked $10,000!
This earns you roughly 10% in yearly interest! Which is great.
But what if you could do more with that money stuck in the LP?
Now with FreeLiquid you can pull liquidity off of your staked $10,000!
You can take your $10k worth of LPs to Freeliquid & receive $9,000 USDFL ( USDFL is similar to DAI)
Then you sell the 9,000 USDFL for $9,000 or any other token
Now you have $9,000 (or up to 90% of the value of the LPs) and $10,000 still staked at Uniswap gaining interest!
Then you sell the 9,000 USDFL for $9,000 or any other token
Now you have $9,000 (or up to 90% of the value of the LPs) and $10,000 still staked at Uniswap gaining interest!
Payback your $9,000 USDFL loan at any time to unlock your LPs and receive your accumulated interest!
There is no liquidation of your loan and currently, FreeLiquid has no interest on the loan itself with no due date or giving out personal info
This is @freeliquidUSDFL
There is no liquidation of your loan and currently, FreeLiquid has no interest on the loan itself with no due date or giving out personal info
This is @freeliquidUSDFL
Use your invested, staked money (LPS) as collateral - up to 90%
FreeLiquid has a two tokens because it a fork of Maker Dao :
$USDFL - similar to DAI
$FL - similar to Maker
With $FL (governance token)- Stake the token and get 3 digit % APY (for now) on FreeLiquid's app
FreeLiquid has a two tokens because it a fork of Maker Dao :
$USDFL - similar to DAI
$FL - similar to Maker
With $FL (governance token)- Stake the token and get 3 digit % APY (for now) on FreeLiquid's app
There is 1M total supply of $FL, with only 575k emitted thus far.
Meaning - there are 400k left to earn via liquidity mining
And the price of $FL - just over $10 currently w/ a $6M market cap
Compare that to Maker Dao $2k+ & $2.2 Billion mcap
Lots of growth for FL holders
Meaning - there are 400k left to earn via liquidity mining
And the price of $FL - just over $10 currently w/ a $6M market cap
Compare that to Maker Dao $2k+ & $2.2 Billion mcap
Lots of growth for FL holders
So if you haven't yet, check out @freeliquidUSDFL
You can go to their site on the first tweet of this thread or and you can also check out their telegram and medium articles below
https://t.me/freeliquid
https://github.com/Freeliquid https://freeliquid.medium.com/
You can go to their site on the first tweet of this thread or and you can also check out their telegram and medium articles below
https://t.me/freeliquid
https://github.com/Freeliquid https://freeliquid.medium.com/
P.S. - some DMs on the Dextools of USDC/FL
Here it is below:
https://www.dextools.io/app/uniswap/pair-explorer/0xec314d972fc771eae56ec5063a5282a554fd54a2
Here it is below:
https://www.dextools.io/app/uniswap/pair-explorer/0xec314d972fc771eae56ec5063a5282a554fd54a2
