Review Deliq ($DLQ) – A Defi 2.0 Protocol for Decentralized Liquidity Provisioning Focus on Avalanche Ecosystem
Liquidity is a critical component of the decentralized infrastructure that will enable the emergence of novel DeFi platforms. Deliq came up with a new Liquidity-by-Staking (LBS) model that allows protocols to direct liquidity as they need it.
What is Deliq ($DLQ)?
In order to deliver sustainable, long-term liquidity to protocols in a capital-efficient way, Deliq Finance is a decentralized and transparent liquidity outsourcing platform, based on the Avalanche blockchain. It offers a transparent and entirely decentralized liquidity engine via the use of a Liquidity-by-Staking model to ensure sustainable market liquidity. Deliq enables decentralized protocols to attract liquidity without relying on temporary liquidity mining incentives. The community will be able to market make and earn yields without prior knowledge of trading tactics.
Liquidity Providers (LPs) may earn yields by providing single-sided liquidity to DLPs (Deliq liquidity pools). Prior to being deployed on exchanges, liquidity in the pools is aggregated. LPs are fully protected against impermanent loss (IL) while providing liquidity thanks to a three-layered IL mitigation system. Directing liquidity from DLPs to multiple Avalanche exchanges and owning their liquidity while diversifying their treasury as well as producing a new source of income for the protocol is now possible for Liquidity Directors (LDs).
Outstanding Features
What is the project trying to achieve?
A new generation DeFi protocols are confronted with a significant obstacle in terms of drawing liquidity to the protocols in order to facilitate user adoption and better trading. In order to incentivize users, most protocols use liquidity mining techniques. This is a capital-inefficient method of obtaining cash, and it is often just a short-term solution to the liquidity crisis.
Deliq Finance’s Liquidity by staking (LBS) concept represents a fundamental change in the way liquidity bootstraps for protocols are completed. They are changing the way liquidity provisioning is done and replacing centralized resources such as capital and trading strategies of market makers with Liquidity Providers and Liquidity Directors, who will be capable of providing liquidity.
New DeFi Protocols
They don’t need to give LM incentives to boost liquidity in a capital-efficient way, and they can start a deep liquidity market from the start. These protocols can employ outsource Deliq to help them with their liquidity needs by setting up their own token pool.
Exchanges
Exchanges such as Trader Joe’s and Pangolin can make use of the considerable liquidity supplied by Deliq to expand their market depth and give their users transactions that have almost no slippage. Various pairings on exchanges are experiencing substantial slippage as a result of limited liquidity in the pools; Deliq will enable liquidity to flow into such pairs provided the community is confident in the projects in question.
What is the unique selling point?
It is possible to direct assets in the Deliq ecosystem by using the protocol token, which is DLQ. Tokenized liquidity is what DLQ can be compared to. By staking DLQ in a token pool, investors can direct this liquidity in ways that maximize their profits. In order to offer liquidity to a wide range of trading platforms, Deliq’s token pool assets are paired with its ETH/stable coin reserve.
Deliq has several advantages:
- New DeFi protocols: They can generate deep liquidity markets from the start and bootstrap liquidity in a capital-efficient way without offering LM incentives.
- Liquidity providers: Investors may make large returns in terms of DLQ tokens by providing single-sided liquidity without risk of impermanent loss
- DAOs: Protocol DAOs can swap their token with DLQ token and open a pool to direct liquidity into their protocols.
- Market makers: They can generate high returns by using Deliq’s extensive liquidity network and combining it with their trading experience.
- Exchanges: Exchanges can leverage Deliq’s extensive liquidity to boost their market depth and provide their consumers with near-zero slippage transactions.
Initially, Deliq’s LBS model will coexist with Liquidity Mining, but as time passes and protocols mature, Deliq will attract larger chunks of liquidity into the system. Although Deliq itself initially starts with a Liquidity mining program of its own, we will slowly transform it into a self-sustaining protocol when there is no more need for inflationary token rewards as they are paid via protocol-controlled assets (PCA).
Roadmap
Technical Data
Token Metrics
- Token Name: Deliq
- Ticker: DLQ
- Blockchain:Â Avalanche
- Token Standard:Â ARC20
- Contract:Â Updating
- Token Type:Â Ultility, Governance
- Total Supply:Â 100,000,000
- Initial Circulating Supply: 2,900,000
- Initial Market Cap: $435,000
Token Allocation
Token Sale
- Seed: 0.05$
- Strategic: 0.07$
- Private: 0.1$
- Public: 0.15$
Deliq has just announced their sale on PolkaStarter. More details are coming soon.
Token Release Schedule
Token Use Case
$DLQ is a token that works as a tokenized form of liquidity, it is much more than a governance token. Here is how $DLQ can be used –
- Staking: $DLQ token can be staked by token holders to earn rewards.
- Directing: Token stakers will be able to direct liquidity to exchanges like Trader joe/ Pangolin.
- Risk mitigation: $DLQ tokens will be used to reduce the risk of impermanent loss.
- Governance: Token holders will be able to vote on core protocol upgrades and be a part of the decentralized liquidity layer.
Market and Community
Backers
Team
A team with an extensive background in crypto and finance
- Sahil Jain:Â CEO with 3+ years of experience in crypto space, a degen with immense knowledge of DeFi and Blockchain. He has been a crucial part of various DeFi protocols helping teams in product development and strategy designing.
- Rakesh Swarnakar:Â Rakesh is the business development head, he started as a crypto trader in 2015. He has been a part of a reputed market-making firm and has rich experience in biz dev playing an important role in development of 5+ crypto protocols.
- Pushkar Verma:Â Pushkar is the technology lead with more than 2 years of Blockchain and Dapp development experience. He has previously worked on chains like Ethereum, Avalanche and Near. His coding experience comes from working on full-stack development in IBM and other tech giants.
Partners & Investors
Deliq Finance has raised $2.1 million from top venture partners such as Shima capital, LD capital, Hotbit, Colony Labs, and others.
Verdict
Deliq is built around three pillars: Liquidity providers, Liquidity directors, and the DLQ token. Each component, when combined with the others, prepares the path for the creation of a long-term liquidity layer for the DeFi ecosystem. Deliq aspires to create a decentralized, efficient, and empowered future.
Find more information:
Website: https://deliqfinance.com/
Twitter: https://twitter.com/deliqfinance
Telegram: https://t.me/DeliqFinance
Medium: https://deliqfinance.medium.com/
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Marshall
Coincu Ventures
Author
DeFi Reviews, DeFi, Knowledge
Review Deliq ($DLQ) – A Defi 2.0 Protocol for Decentralized Liquidity Provisioning Focus on Avalanche Ecosystem
Liquidity is a critical component of the decentralized infrastructure that will enable the emergence of novel DeFi platforms. Deliq came up with a new Liquidity-by-Staking (LBS) model that allows protocols to direct liquidity as they need it.
What is Deliq ($DLQ)?
In order to deliver sustainable, long-term liquidity to protocols in a capital-efficient way, Deliq Finance is a decentralized and transparent liquidity outsourcing platform, based on the Avalanche blockchain. It offers a transparent and entirely decentralized liquidity engine via the use of a Liquidity-by-Staking model to ensure sustainable market liquidity. Deliq enables decentralized protocols to attract liquidity without relying on temporary liquidity mining incentives. The community will be able to market make and earn yields without prior knowledge of trading tactics.
Liquidity Providers (LPs) may earn yields by providing single-sided liquidity to DLPs (Deliq liquidity pools). Prior to being deployed on exchanges, liquidity in the pools is aggregated. LPs are fully protected against impermanent loss (IL) while providing liquidity thanks to a three-layered IL mitigation system. Directing liquidity from DLPs to multiple Avalanche exchanges and owning their liquidity while diversifying their treasury as well as producing a new source of income for the protocol is now possible for Liquidity Directors (LDs).
Outstanding Features
What is the project trying to achieve?
A new generation DeFi protocols are confronted with a significant obstacle in terms of drawing liquidity to the protocols in order to facilitate user adoption and better trading. In order to incentivize users, most protocols use liquidity mining techniques. This is a capital-inefficient method of obtaining cash, and it is often just a short-term solution to the liquidity crisis.
Deliq Finance’s Liquidity by staking (LBS) concept represents a fundamental change in the way liquidity bootstraps for protocols are completed. They are changing the way liquidity provisioning is done and replacing centralized resources such as capital and trading strategies of market makers with Liquidity Providers and Liquidity Directors, who will be capable of providing liquidity.
New DeFi Protocols
They don’t need to give LM incentives to boost liquidity in a capital-efficient way, and they can start a deep liquidity market from the start. These protocols can employ outsource Deliq to help them with their liquidity needs by setting up their own token pool.
Exchanges
Exchanges such as Trader Joe’s and Pangolin can make use of the considerable liquidity supplied by Deliq to expand their market depth and give their users transactions that have almost no slippage. Various pairings on exchanges are experiencing substantial slippage as a result of limited liquidity in the pools; Deliq will enable liquidity to flow into such pairs provided the community is confident in the projects in question.
What is the unique selling point?
It is possible to direct assets in the Deliq ecosystem by using the protocol token, which is DLQ. Tokenized liquidity is what DLQ can be compared to. By staking DLQ in a token pool, investors can direct this liquidity in ways that maximize their profits. In order to offer liquidity to a wide range of trading platforms, Deliq’s token pool assets are paired with its ETH/stable coin reserve.
Deliq has several advantages:
- New DeFi protocols: They can generate deep liquidity markets from the start and bootstrap liquidity in a capital-efficient way without offering LM incentives.
- Liquidity providers: Investors may make large returns in terms of DLQ tokens by providing single-sided liquidity without risk of impermanent loss
- DAOs: Protocol DAOs can swap their token with DLQ token and open a pool to direct liquidity into their protocols.
- Market makers: They can generate high returns by using Deliq’s extensive liquidity network and combining it with their trading experience.
- Exchanges: Exchanges can leverage Deliq’s extensive liquidity to boost their market depth and provide their consumers with near-zero slippage transactions.
Initially, Deliq’s LBS model will coexist with Liquidity Mining, but as time passes and protocols mature, Deliq will attract larger chunks of liquidity into the system. Although Deliq itself initially starts with a Liquidity mining program of its own, we will slowly transform it into a self-sustaining protocol when there is no more need for inflationary token rewards as they are paid via protocol-controlled assets (PCA).
Roadmap
Technical Data
Token Metrics
- Token Name: Deliq
- Ticker: DLQ
- Blockchain:Â Avalanche
- Token Standard:Â ARC20
- Contract:Â Updating
- Token Type:Â Ultility, Governance
- Total Supply:Â 100,000,000
- Initial Circulating Supply: 2,900,000
- Initial Market Cap: $435,000
Token Allocation
Token Sale
- Seed: 0.05$
- Strategic: 0.07$
- Private: 0.1$
- Public: 0.15$
Deliq has just announced their sale on PolkaStarter. More details are coming soon.
Token Release Schedule
Token Use Case
$DLQ is a token that works as a tokenized form of liquidity, it is much more than a governance token. Here is how $DLQ can be used –
- Staking: $DLQ token can be staked by token holders to earn rewards.
- Directing: Token stakers will be able to direct liquidity to exchanges like Trader joe/ Pangolin.
- Risk mitigation: $DLQ tokens will be used to reduce the risk of impermanent loss.
- Governance: Token holders will be able to vote on core protocol upgrades and be a part of the decentralized liquidity layer.
Market and Community
Backers
Team
A team with an extensive background in crypto and finance
- Sahil Jain:Â CEO with 3+ years of experience in crypto space, a degen with immense knowledge of DeFi and Blockchain. He has been a crucial part of various DeFi protocols helping teams in product development and strategy designing.
- Rakesh Swarnakar:Â Rakesh is the business development head, he started as a crypto trader in 2015. He has been a part of a reputed market-making firm and has rich experience in biz dev playing an important role in development of 5+ crypto protocols.
- Pushkar Verma:Â Pushkar is the technology lead with more than 2 years of Blockchain and Dapp development experience. He has previously worked on chains like Ethereum, Avalanche and Near. His coding experience comes from working on full-stack development in IBM and other tech giants.
Partners & Investors
Deliq Finance has raised $2.1 million from top venture partners such as Shima capital, LD capital, Hotbit, Colony Labs, and others.
Verdict
Deliq is built around three pillars: Liquidity providers, Liquidity directors, and the DLQ token. Each component, when combined with the others, prepares the path for the creation of a long-term liquidity layer for the DeFi ecosystem. Deliq aspires to create a decentralized, efficient, and empowered future.
Find more information:
Website: https://deliqfinance.com/
Twitter: https://twitter.com/deliqfinance
Telegram: https://t.me/DeliqFinance
Medium: https://deliqfinance.medium.com/
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Marshall
Coincu Ventures
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