LIQUIDIUM•TOKEN is the native utility and governance token of Liquidium, a peer-to-peer Bitcoin lending platform that utilizes unique Bitcoin-based assets like Ordinal Inscriptions and Runes as collateral. Operating directly on the Bitcoin Layer-1 network, Liquidium facilitates secure, non-custodial borrowing and lending through Partially Signed Bitcoin Transactions (PSBTs) and Discreet Log Contracts (DLCs).
Launched on July 22, 2024, LIQUIDIUM•TOKEN is among the first governance tokens on Bitcoin using the Runes protocol. It empowers holders to participate in platform governance, including voting on key proposals and protocol upgrades, thereby promoting decentralization and community involvement within the Liquidium ecosystem.
Beyond governance, LIQUIDIUM•TOKEN offers utility benefits such as tiered platform fee discounts and increased interest earnings for lenders, incentivizing active participation. The token's integration into Liquidium's services enhances user engagement and aligns with the platform's mission to provide decentralized Bitcoin lending solutions.