Introducing Fluidity
Fluidity is going to launch soon and is excited to share with the community the future of money. Money designed to be moved.
Each time you spend or trade a Fluid Asset, you gain the chance to win the protocol’s prize pool! Similar to a no-loss lottery, by using Fluid Assets, you are exposed to the yield generation of the protocol.
Fluidity is the currency that rewards you when you use it. Remember, both the sender and receiver qualify for prizes, so whether you are a casual user or a blockchain protocol, Fluidity has rewards for you.
Their team is proud to announce that invite-only beta testing of the MVP has begun.
What is Fluidity?
Fluidity is an implementation of a “no-loss lottery” that potentially rewards users for every transaction they make using Fluid Assets.
Fluidity Money tokens (Fluid Assets) are a 1-to-1 wrapped asset that exposes holders to randomly paid large dividend prizes. Dividends are paid out if the holder wins a lottery held on each transaction of their Fluid Assets. Dividends are generated by the cumulative yield created by every principal token deposited and lent on money markets.
Imagine buying groceries, clothes, petrol, an NFT, or trading on your favourite Decentralised Exchange, and winning a life-changing sum, all without deviating from your usual spending habits. The first principles of Decentralised Finance and Fluidity make this possible. We explore these functions and algorithms in-depth in the Economics Whitepaper.
Who is Fluidity working with?
⭐️ Solana
“Solana is a high-performance blockchain supporting builders around the world creating crypto apps that scale today.”
Solana is one of the networks they are bringing Fluidity to.
⭐️ Polygon
“Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.”
Polygon is one of the blockchains they are bringing the product to.
⭐️ Compound Protocol
“Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.”
Compound is utilized as the yield source on Ethereum and Polygon.
⭐️ Lido
Lido lets users stake their assets for daily staking rewards.
Lido is used as a liquidity source for Fluidity on Ethereum, they received their grant once we hit 500 ETH in deposits.
⭐️ RMIT Blockchain Innovation Hub | Collaborative partnership.
“Designing the digital economy.”
RMIT supported them in developing its economic modeling.
What chains are they releasing on?
- Ethereum
- Solana
- Polygon
They are also looking into:
- Algorand
- Binance Smart Chain
- Avalanche
- Terra
- Celo
About Fluidity
Fluidity is a yield generating system for people who can’t afford to leave their money idle. Fluidity rewards users when they actually use their assets.
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