Liquid Driver - Boosted Returns cLQDR Creates Leveraged Positions Fantom FTM LQDR xLQDR

2 years ago
1

Liquid Driver is a liquidity mining protocol, providing liquidity as a service in the Fantom ecosystem. It attracts TVL to the platform by offering higher yields vs the native pools on DEXs and aims to capture as much value for holders of the LQDR Token.

It is one of my favourite protocols in the Fantom ecosystem and in this video I discuss some new functionality, released in partnership with Growth Defi called cLQDR.

In the past, users had to lock their LQDR tokens for up to 2 years to earn a share of the protocol revenue. Those locked positions were not liquid and could not be transferred or sold.

Financial NFTs fix that issue by making those positions liquid & cLQDR aims to attack that same problem from a different angle.

This functionality widens the universe of potential users that may want to participate and engage with Liquid Driver which ultimately is bullish for LQDR.

Benefits of cLQDR include :

► Rewards Auto Compound into more LQDR
► Bribes Optimised & Auto Compounded
► Used as Collateral to Borrow at 0% Interest
► Tax Effective
► Greater Liquidity than Financial NFTs
► Ability to Buy at a Discount
► Ability to Provide as Liquidity & Earn Yield
► Constant Daily Buy Pressure for LQDR

🔗 Useful Links 🔗

Liquid Driver Breakdown Video 👉 https://youtu.be/P84DYOiTfIM
Financial NFTs Explained 👉https://youtu.be/08mQXiokOik

Insider Info 👉 https://twitter.com/NickDrakon
Mint cLQDR @ Growth Defi 👉 https://mor-ftm.growthdefi.com/
Liquid Driver 👉 https://www.liquiddriver.finance/
Liquid Driver Discord 👉 https://discord.gg/LiquidDriver
Liquid Driver Twitter 👉 https://twitter.com/LiquidDriver
Liquid Driver Docs 👉 https://docs.liquiddriver.finance/
Liquid Driver Medium 👉 https://liquiddriver.medium.com/
Liquid Driver Telegram 👉 http://t.me/LiquidDriver

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⏲ Time Stamps ⏲

0:00 - Intro
3:00 - xLQDR Options
5:00 - What is cLQDR?
6:50 - Benefits of cLQDR
18:10 - Buying at a Discount
25:00 - Leverage & Borrowing
30:20 - 0% Interest? How?
32:30 - Comparing All Options

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📜 Disclaimer 📜

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss.

#liquiddriver #LQDR #nickdrakon #cLQDR #GrowthDefi #LQDRFantom #LiquidDriverFantom #LiquidDriverFTM #xLQDR #fantom #FTM #nickdrakon

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