I would like to add FLDT to Lenfi as a collateral and borrowable asset.
As of 05.02.2024, FLDT is one of the tokens with the deepest liquidity on Minswap. The utility token will enable Lenfi users to take advantage of the numerous benefits of using FluidTokens.
- Who is posting the proposal?
A community member.
- Project and token overview
FluidTokens is one of the pioneers of Cardano DeFi with a long-term vision of making the project cross-chain. The released features include p2p lending, pooled lending, renting, Boosted Stake, Buy Now Pay Later and others. Their long-awaited token release will serve as the central tool for interacting with the FluidTokens ecosystem.
- Users will be able to supply and borrow FLDT on Lenfi V2
- The FluidTokens DAO will be able to open their own pools and provide liquidity
- Suppliers will be able to earn interest on their FLDT without selling their tokens
- Borrowers will be able to take advantage of different strategies involving FluidTokens
- Reduced dApp fees - Tiered fees
- FLDT Oracles - liquidity providers can earn FLDT
- Feeless transactions - Aquarium will allow users to pay for all transactions using FLDT instead of ADA
This paragraph may include metrics regarding the underlying token, such as:
- Emission schedule
- Current circulating supply - 22.43M (22.4%)
- Exchanges - Minswap, VyFinance, Sundaeswap
- Market cap - 16,000,000 ADA
- Holders - 2,089
- 24h Volume - 767,838 ADA
Adding FLDT to Lenfi will be a cool thing to do because I think Raulito is an awesome guy.