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What is Obyte?

Obyte functions as a decentralized ledger built on a directed acyclic graph (DAG) framework, distinguishing itself from centralized ledgers and conventional blockchains by fostering a system that is open, fair, and free of intermediaries. This structure enables users to access the ledger without restrictions while promoting decentralization. Through its Bonded Stablecoins platform, individuals can issue stablecoins pegged to currencies like USD or BTC, as well as create new stablecoins linked to diverse assets or indices. Moreover, the Stable+ coins are designed for appreciation, with holders potentially earning interest rates of up to 16% annually in USD. The platform also offers governance tokens, which increase in value as more Stable+ coins are issued. To facilitate trading of tokens on the Obyte network, users can take advantage of the ODEX decentralized exchange or the Oswap automated market maker; ODEX utilizes off-chain order matching for fast transaction speeds akin to traditional exchanges, while Oswap allows users to earn fees by providing liquidity with each trade. A notable aspect of Obyte is its ability to facilitate conditional payments, enabling users to establish specific conditions that must be fulfilled before the recipient can access their funds, thereby enhancing the flexibility of financial transactions. This groundbreaking functionality not only redefines the utility of digital currencies but also opens the door to numerous innovative applications in the financial landscape. Furthermore, Obyte’s commitment to decentralization and user empowerment marks a significant shift in how digital assets can be managed and utilized.

What is Liqwid?

Liqwid is an open-source, decentralized protocol that functions algorithmically without the need for custodians, serving the interests of lenders, borrowers, and developers. Participants can easily earn interest on their deposits while borrowing assets, enjoying four different yield streams that produce returns on ADA. Users can swiftly access any supported asset using their qToken balance, all while benefiting from zero trading fees and avoiding slippage, along with a competitive annual percentage rate (APR) directly on the Cardano blockchain. By utilizing the Liqwid protocol, individuals tap into a massive global liquidity pool for each available asset, fostering a fluid decentralized marketplace for lenders and borrowers, built on Plutus smart contracts. Additionally, Liqwid empowers users to retain liquidity and make the most of their cryptocurrency holdings by borrowing stablecoins or other digital assets, aligning with the HODL philosophy. This progressive approach not only enhances the financial capabilities of users but also significantly reduces the risks involved, allowing for greater flexibility in managing investments. Ultimately, the Liqwid protocol stands out as a transformative solution in the evolving landscape of decentralized finance.

Media

Media

Integrations Supported

CoinSpot
PancakeSwap
QuickSwap
Telegram
Uniswap

Integrations Supported

Cardano

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Linux

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Obyte

Company Website

obyte.org

Company Facts

Organization Name

Liqwid Labs

Company Website

www.liqwid.finance/

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Categories and Features

Crypto Lending (DeFi)

Not specified

DeFi Projects

Not specified

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