# Welcome

Invest in the future, trade in the present.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FfSgnAYqvCZcdLuU6NtH0%2FWelcome.png?alt=media&amp;token=d29c03de-0796-4bbc-bb11-6cc9461c1d91" alt=""><figcaption></figcaption></figure>

***

## **What is Liquify?**

Liquify is a decentralized platform designed to simplify and revolutionize how token allocations are managed in blockchain projects. Whether you’re a project creator, an investor, or part of a community VC, Liquify gives you the tools to access liquidity, transparency, and efficiency.

***

## **Why Choose Liquify?**

* **Unlock Liquidity**: Trade or hold tokens even before they’re unlocked.
* **Seamless Management**: Automate token vesting and distributions effortlessly.
* **Trust and Transparency**: Powered by audited smart contracts, ensuring secure and fair transactions.

***

## **Who is it for?**

Liquify is built for:

* **Initiators**: Project creators, KOLs, VCs, community VCs, validators and more.
* **Investors**: Individuals or groups looking to participate in early-stage projects.

***

## **What’s Next?**

Explore the docs to learn more about how Liquify works, its unique features, and how you can become part of the future of decentralized finance.

Get started today and take control of your blockchain investments like never before!


# What is Liquify?

Invest in the future, trade in the present.

Liquify is a DeFi platform that makes crypto investments easier and more flexible.

When tokens are locked due to **vesting schedules**, investors and project creators often can’t access or trade them for months or even years. Liquify solves this problem by introducing **Liquid Vesting**, a feature that allows locked tokens to be traded as **liquid tokens** immediately.

In simple terms, Liquify gives you access to your investments faster and makes managing tokens much simpler.


# Why Liquify?

Liquify is the solution to the biggest challenges in token management and vesting in the crypto space.&#x20;

Here’s why Liquify stands out:

1. **Solves Illiquidity**\
   With traditional vesting, tokens are locked for months or years, leaving investors stuck. Liquify’s **Liquid Vesting** turns these locked tokens into **liquid tokens** that can be traded immediately, giving investors flexibility and access to funds.
2. **Simplifies Token Management**\
   For project creators, managing token allocations can be a nightmare—manual processes, errors, and inefficiencies waste time and money. Liquify automates the entire process, making it easier to set up and manage projects, vesting schedules, and distributions.
3. **Provides a Secondary Market**\
   Liquify includes a **secondary market with order books**, allowing investors to buy, sell, or trade tokens efficiently and transparently. This ensures ongoing liquidity and price discovery for token investments.

By addressing these challenges, Liquify empowers both investors and project creators to focus on what matters—growing projects and engaging communities.&#x20;


# Who is it for?

Liquify is designed for anyone involved in blockchain and tokenized investments. Whether you’re creating a project, managing token allocations, or participating in early-stage projects, Liquify provides tools to make the process simpler and more flexible.

## **1. Initiators**

Initiators are project creators like **Key Opinion Leaders (KOLs)**, **VCs**, **community VCs**, **family offices** or **validators**. If you’re launching a blockchain project and managing token allocations, Liquify simplifies the entire process.

With Liquify, you can:

* Automate vesting schedules and token distributions.
* Offer your community opportunities to invest without the need for large commitments.
* Raise funds with more people for future investments.
* Use automated tools to minimize administrative overhead.
* De-risk on projects already invested on.
* Secure Flash deals easier with Liquify's initiator buffer.
* Create projects for your community only (address whitelist, NFT based, etc...).

## **2. Investors**

Investors are individuals or groups who want to participate in early-stage blockchain projects. Liquify provides flexibility, making it easier to manage investments.

With Liquify, you can:

* Access deals that normally you would not have access to (100k$+ min ticket).
* Access liquid tokens that represent your locked investments.
* Benefit from automated vesting and transparent token distributions.


# How Liquify works

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2F9AugFrgEaBtOu0FwwWVT%2FHowItWorks.png?alt=media&amp;token=ae7cb8dc-500d-4131-b09e-e7011c8cdf58" alt=""><figcaption></figcaption></figure>

## **Project Creation**

**Initiator Registration**\
MVP Capital, a venture capital firm specializing in blockchain startups, registers on Liquify. They complete KYC verification and sign an agreement, ensuring accountability and compliance for their allocations.

## **1. Project Setup**

MVP Capital holds an allocation at a project called **Hyperliquid (HYPE)** and uses Liquify to manage and distribute the tokens to their network. They set the following project parameters:

* **Owner Fee**: 5%
* **Platform Fee**: 2.5%
* **Price per Token**: $1
* **Payment Token**: USDT
* **Total Allocation**: $500,000 (resulting in 500,000 HYPE synthetic tokens).
* **Min Investment Cap**: $50
* **Max Investment Cap**: $20,000
* **Vesting Schedule**: 4 months, releasing 25% of tokens at each month.

## 2. Fundraising

**Investments**\
Several participants join the round:

* **Alice** invests $200, receiving 200 HYPE synthetic tokens.
* **Bob** invests $5,000, receiving 5,000 HYPE synthetic tokens.
* **Chris** invests $20,000, receiving 20,000 HYPE synthetic tokens.

## 3. Selling Synthetic Tokens

Before the real HYPE tokens are distributed, investors can **sell their synthetic tokens** on Liquify’s secondary market to other participants. This allows them to exit or adjust their investments even before the vesting schedule begins.

Here’s how it works:

* **Alice** decides to sell 100 of her synthetic HYPE tokens at $1.20 per token.
* **David**, a new investor, buys these tokens from Alice, paying $120.
* David now holds the 100 synthetic HYPE tokens, and he will receive the corresponding real tokens when the vesting schedule is fulfilled.

This process ensures that **David, the new holder of synthetic tokens**, will be eligible to claim the real HYPE tokens during the distribution stages instead of Alice. Liquify facilitates this transfer seamlessly, ensuring a secure and transparent transaction.

## 4. Token Distribution

**Depositing Real Tokens**\
Once the funding round ends, MVP Capital raises $25,200 from participants. At the **Token Generation Event (TGE)**, MVP Capital receives their real HYPE tokens in accordance with the vesting schedule.

**First Vesting Stage**\
MVP Capital deposits 25% of the total HYPE tokens (125,000 tokens) into Liquify for the first stage. Investors can now claim their real tokens:

* **David** (who bought Alice’s 100 synthetic tokens) claims 25 HYPE (25% of 100).
* **Alice** claims the remaining 25 HYPE (25% of her 100 remaining tokens).
* **Bob** claims 1,250 HYPE (25% of 5,000).
* **Chris** claims 5,000 HYPE (25% of 20,000).

**Subsequent Vesting Periods**\
At each new vesting stage, MVP Capital deposits another 25% of the HYPE tokens. Investors, including any secondary market participants, continue to receive their tokens in stages until the schedule is complete.

## 5. Project Completion

After all vesting periods are finished:

* **David** receives his full 100 HYPE tokens (from the synthetic tokens he bought).
* **Alice** receives the remaining 100 HYPE tokens.
* **Bob** receives his full 5,000 HYPE tokens.
* **Chris** receives his full 20,000 HYPE tokens.

The project status is marked as **“Finished.”**

## **Summary**

Using Liquify, MVP Capital manages its **Hyperliquid (HYPE)** allocation seamlessly. Investors like Alice, Bob, and Chris enjoy the flexibility to sell their synthetic tokens on the secondary market before receiving real tokens, allowing new participants like David to join.&#x20;


# Core Concepts

Understanding the core concepts of Liquify is key to unlocking its full potential. This section breaks down the essential ideas behind Liquify in a simple, straightforward way, making it accessible to

## 1. **Liquid Vesting**

At the heart of Liquify is the **Liquid Vesting** mechanism. Traditionally, tokens are locked for long periods due to vesting schedules, preventing flexibility for both initiators and investors. Liquid Vesting solves this by introducing **synthetic tokens** that represent the locked tokens.

These synthetic tokens allow:

* **Immediate liquidity**: Investors can trade or hold tokens without waiting for the vesting period to end.
* **Flexibility for initiators**: Project creators can raise funds earlier while maintaining a vesting structure.

**How it works:**

* Synthetic tokens are issued when an allocation is created.
* They can be traded anywhere or held by investors.
* As vesting stages complete, synthetic tokens are exchanged for the real tokens.

## 2. **Synthetic Tokens**

Synthetic tokens are a unique feature of Liquify. They are temporary tokens that represent future vested tokens.

**Key characteristics:**

* **Tradeable**: Synthetic tokens can be bought or sold on any platform, giving investors access to liquidity even before the real tokens are distributed.
* **Secure**: Ownership of synthetic tokens guarantees the right to claim real tokens once the vesting schedule progresses.
* **1:1 Parity**: Synthetic tokens always maintain a 1:1 value with the real tokens they represent.
* **Tokenization**: Synthetic tokens digitize and tokenize an investor's allocation, creating a liquid and tradeable representation of their future vested tokens.

**Example:**\
An investor holding 1,000 synthetic tokens of Hyperliquid (HYPE) will receive exactly 1,000 real HYPE tokens once the vesting schedule completes.

## 3. **Key Features Overview**

Liquify’s platform is built to simplify and enhance token vesting and allocation:

* **Automated Processes**: Liquify minimizes manual intervention and errors.
* **Secondary Market**: Synthetic tokens can be traded easily, ensuring liquidity throughout the project lifecycle.
* **Security and Transparency**: Smart contracts ensure all transactions are secure and visible on the blockchain.

? DIAGRAME ?


# FAQ

General Questions

## General

<details>

<summary>What is Liquify?</summary>

Liquify is a platform that lets you invest in private token deals before they launch (TGE) and trade them instantly. It’s designed to provide flexibility, transparency, and liquidity for both project creators and investors.

</details>

<details>

<summary>What problem does Liquify solve?</summary>

Traditional private token investments lock your funds until tokens are released (after TGE). Liquify issues **synthetic tokens** that represent your locked tokens, which you can trade immediately, giving you early access to liquidity.

</details>

<details>

<summary>Who can use Liquify?</summary>

Liquify is designed for:

* **Initiators**: Project creators, venture capitalists, and validators.
* **Investors**: Anyone looking to invest in early-stage blockchain projects.
* **Community VCs**: Groups pooling resources to invest in private deals.

</details>

## Investing

<details>

<summary>How do I invest in a project?</summary>

* Browse available projects on Liquify.
* Select a project that interests you.
* Invest the desired amount before the funding deadline.

</details>

<details>

<summary>Do I need to deposit tokens in some wallet?</summary>

No, everything happens directly from your wallet. You remain in control of your funds at all times.\
⚠️ **Important**: Never share your password, seed phrase, or private keys with anyone.

</details>

<details>

<summary>What are synthetic tokens?</summary>

Synthetic tokens digitize and tokenize an investor's allocation, creating a liquid and tradeable representation of their future vested tokens. They can be:

* Held until they convert into real tokens during vesting.
* Traded immediately on Liquify’s secondary market.

</details>

<details>

<summary>What happens after I invest?</summary>

You can claim your synthetic tokens that represent your share in the project. Once the vesting schedule begins, you can claim the real tokens at each stage.

</details>

<details>

<summary>Do I need to complete KYC?</summary>

For each project, initiators decide if KYC is mandatory for investing in that project.

</details>

<details>

<summary>What tokens can I use to invest?</summary>

Liquify supports various ERC-20 tokens, such as USDT, USDC, and more. Initiators can set a different token for investments for each project.

</details>

<details>

<summary>Can I invest in multiple projects at the same time?</summary>

Yes, you can invest in as many projects as you like, provided you meet the requirements for each.

</details>

<details>

<summary>Is there a minimum investment amount?</summary>

Yes, each project has a minimum investment cap, which is clearly stated in the project details.

</details>

<details>

<summary>What happens if I miss the funding deadline?</summary>

If you miss the deadline, you will not be able to invest in that round. However, you can still participate in other projects or buy synthetic tokens on the secondary market anytime.

</details>

<details>

<summary>What fees does Liquify have?</summary>

A 2.5% fee is applied to all investments conducted on the platform.

</details>

## Trading

<details>

<summary>What can I do with the synthetic tokens?</summary>

Synthetic tokens are ERC-20 tokens, giving you full flexibility. You can:

* Trade them on Liquify’s secondary market using the platform's P2P order books.
* Transfer them to others as gifts or payments.
* Sell them on any platform or marketplace that supports ERC-20 tokens.
* Use them in other DeFi features (e.g.: as collateral for lending & borrowing) or other dApps on top of Liquify.&#x20;

The choice is entirely yours!

</details>

<details>

<summary>What happens if I sell synthetic tokens?</summary>

If you sell your synthetic tokens, the buyer will have the right to claim the corresponding real tokens when the vesting schedule progresses.

</details>

## Referral

<details>

<summary>What is the referral program?</summary>

You earn bonuses by inviting new investors or initiators to Liquify. Rewards are distributed based on predefined criteria.

</details>

## Security

<details>

<summary>How does Liquify ensure security?</summary>

Liquify uses audited smart contracts and follows blockchain security and software development best practices to protect your funds and transactions.

</details>


# Referrals

Liquify’s referral program is designed to reward you for helping expand our platform, whether by bringing in new investors or introducing new project initiators.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FtqsR4UwgrzVrVZuChlhd%2FReferral.png?alt=media&amp;token=6aa040fd-7bba-4cb3-a9ae-9d08c0e207c5" alt=""><figcaption></figcaption></figure>

## 1. User referral

This program rewards you for introducing new investors to Liquify.

**How It Works:**

1. **Generate Your Referral Link**:\
   Create your unique referral link after connecting to Liquify.
2. **Share Your Referral Link**:\
   Share your link with friends, communities, or your network via social media, email, or any communication channel.
3. **Earn Referral Rewards**:\
   When a new user signs up using your link and makes an investment, you’ll earn a percentage of their investment as a bonus.
4. **Track and Withdraw Rewards**:\
   Your rewards are automatically added to your balance in the smart contract. You can check your balance anytime and withdraw your earnings whenever you wish.

## 2. Initiator Referral

This program rewards you for referring new project creators (initiators) to Liquify.

**How It Works:**

1. **Generate Your Referral Link**:\
   Create a unique link from your dashboard specifically for inviting initiators.
2. **Share Your Referral Link**:\
   Share your link with potential initiators, such as venture capitalists, KOLs, or community VCs, who may be interested in launching projects on Liquify.
3. **Initiator Onboarding**:\
   Referred initiators complete KYC verification and have an introductory meeting with the Liquify team. Once approved, they can start creating projects on the platform.
4. **Earn Ongoing Rewards**:\
   You’ll earn **20% of platform fees from investments** made in any project created by the initiator you referred. These rewards are cumulative and apply to all their projects indefinitely.
5. **Track and Withdraw Rewards**:\
   Your referral earnings are stored in the smart contract. You can monitor your balance and withdraw your rewards anytime.

Start sharing Liquify today and earn while you help shape the future of decentralized finance!


# Roadmap

Our roadmap outlines the exciting features and milestones we are building to make Liquify the leading platform for tokenized investments.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2F2wrboeDjPOv00A6WD33F%2FRoadmap.png?alt=media&amp;token=23aa4dc6-f92c-4550-8894-f798f9140ca1" alt=""><figcaption></figcaption></figure>

## Ongoing

**Continuous Chain Integrations**\
We’re partnering with various blockchain ecosystems to deploy Liquify on multiple chains, ensuring broad accessibility and functionality.

## Q1

* **Mainnet Launch**\
  The Liquify V1 app goes live on Binance Smart Chain (BSC), bringing Liquid Vesting to the DeFi community.
* **OTC Module**\
  Launching a permissionless OTC feature that allows users to create unique links for on-chain over-the-counter deals.
* **TGE**\
  The launch of the **$LQFY token** on Ethereum, enabling governance and further ecosystem growth.
* **Whitelisted/Private Investments**\
  Initiators can request specific conditions for investments, such as address whitelisting or private rounds.
* **Projects Launching - Liquid Tokens**\
  Private token rounds will be held directly on Liquify, with liquid tokens available from the start.

## Q2

* **Degen Module (Permissionless Trading)**\
  Trade your allocations directly on-chain with full permissionless functionality.
* **Initiators’ Buffer**\
  Users can contribute through their favorite initiator’s project fund.
* **KYCed Projects**\
  Projects can opt for mandatory KYC verification for all investors, ensuring compliance and trust.

## Q3

* **P2P Order Book**\
  On-chain marketplace for trading liquid tokens via order-book style transactions, providing flexibility and liquidity.
* **Liquify Lite**\
  Simplified project contributions, enabling investments in any project with just one click.
* **Resell Feature**\
  Investors can act as initiators by reselling their token allocations, creating a new layer of interaction.

## Q4

* **Liquify Grants & Labs Incubator**\
  Support for developers and innovators through grants and an accelerator program to build within the Liquify ecosystem.
* **RWA (Real-World Asset Tokenization)**\
  Bridging DeFi with the real world by tokenizing real-world assets.
* **Telegram Mini-App**\
  A lightweight app integrated with Telegram, making Liquify’s features accessible directly within the platform.
* **TradFi Tokenization**\
  Expanding into traditional finance by tokenizing financial instruments, bridging the gap between TradFi and DeFi.
* **Liquidity-Free VC**\
  Empower users to act as their own venture capitalists without requiring liquidity upfront.

Our roadmap reflects our commitment to continuous innovation and community growth. With these milestones, we aim to make Liquify the go-to platform for decentralized and tokenized investments.


# Team

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FdGcWmgC71fOP8DtXHrs2%2Fliquify-team.png?alt=media&amp;token=d8b5d354-b069-47d9-975c-84932d54028a" alt=""><figcaption></figcaption></figure>

Team

* Bogdan Iuga - CEO - [X (Twitter)](https://x.com/iugab13) - [LinkedIn](https://www.linkedin.com/in/bogdan-iuga-3a68a5146/)
* Andy Puscas - COO - [X (Twitter)](https://x.com/AndyPuscas) - [LinkedIn](https://www.linkedin.com/in/andypuscas/)
* Mark Koh - Head of Asia - [X (Twitter)](https://x.com/hawkerize) - [LinkedIn](https://www.linkedin.com/in/markgkoh/)
* Catalin Balut - Lead Smart Contract Architect - [X (Twitter)](https://x.com/catalin_balut) - [LinkedIn](https://www.linkedin.com/in/catalin-balut-9102ab188/)
* Andrei Sabou - Lead Frontend Engineer - [X (Twitter)](https://x.com/AndreDev_) - [LinkedIn](https://www.linkedin.com/in/andrei-sabou-a11423142/)
* Vlad Negrean - Lead Backend Engineer - [X (Twitter)](https://x.com/VladNegrean14) - [LinkedIn](https://www.linkedin.com/in/vlad-negrean-b3b04a11a/)

## Advisors

* Petri Marin Voicu - Tokenomics - [X (Twitter)](https://x.com/Petri_Mv)
* BL Mihnea - Marketing - [X (Twitter)](https://x.com/blmihnea)
* Sergiu Vasilescu - Regulatory - [X (Twitter)](https://x.com/VasilescuSergiu)


# Official Links

🌐 [Platform dApp](https://liquify.ventures/)

📄 [Whitepaper](https://liquify.ventures/assets/whitepaper/Liquify-Whitepaper.pdf)

🐦 [X (Twitter)](https://x.com/LiquifyVentures)

✈️ [Telegram](https://t.me/LiquifyVentures)

🤖 [Discord](https://discord.gg/TQgRt46Ftg)

👔 [LinkedIn](https://www.linkedin.com/company/liquifyventures/)


# Glossary

This glossary explains the key terms used in Liquify to help you navigate the platform and understand its features.

## **Allocation**

The total amount of tokens set aside for distribution to investors during a funding round or private sale.

***

## **Cliff Period**

A fixed period at the beginning of a vesting schedule during which no tokens are released. Tokens start vesting only after this period ends.

***

## **DeFi (Decentralized Finance)**

A financial ecosystem built on blockchain technology that operates without intermediaries, enabling peer-to-peer transactions and services.

***

## **Initiator**

A project creator or token allocation holder, such as KOLs, venture capitalists, community VCs, validators, or family offices, who uses Liquify to manage and distribute token allocations.

***

## **Investor**

An individual or entity that participates in token funding rounds on Liquify to gain exposure to early-stage projects.

***

## **KYC (Know Your Customer)**

A verification process where users provide identification to ensure compliance with regulatory requirements and prevent fraud.

***

## **Liquid / Synthetic Tokens**

ERC-20 tokens issued by Liquify that represent future vested tokens. They are tradeable immediately and provide liquidity even before the vesting period concludes.

***

## **Liquid Vesting**

A feature on Liquify that allows token holders to trade or utilize liquid tokens, which represent locked tokens, prior to the completion of the vesting schedule.

***

## **Liquidity-Free VC**

A future feature of Liquify allowing users to act as venture capitalists without needing upfront liquidity, leveraging the platform’s innovative mechanisms.

***

## **OTC (Over-the-Counter)**

A permissionless feature that allows users to create unique links to trade tokens directly without using traditional exchanges.

***

## **P2P Order Book**

A peer-to-peer marketplace on Liquify where users can trade liquid tokens using an order-book style interface.

***

## **Protocol Fee**

A percentage fee (e.g., 2.5%) collected by Liquify during investments, trades, and other transactions on the platform.

***

## **Real Tokens**

The actual tokens of a project that are distributed to investors based on the vesting schedule after the synthetic tokens have been issued.

***

## **Referral Program**

An incentive system where users earn rewards for bringing new investors or initiators to the platform.

***

## **TGE (Token Generation Event)**

The event when a project officially issues its tokens to investors, marking the start of token availability and vesting schedules.

***

## **Vesting Schedule**

A timeline that defines when and how tokens will be gradually unlocked and distributed to investors.


# Overview

### What is Liquify L\&B?

Liquify L\&B is a decentralized lending platform that connects borrowers and lenders through collateralized loans. Think of it as a peer-to-peer lending marketplace where borrowers can secure loans by locking up cryptocurrency as collateral, while lenders earn interest by funding these loans.Key Concept: Borrowers provide collateral (like tokens) to secure their loans, and lenders fund the loans in exchange for interest payments.

### How it works (simple overview)

#### The Loan Process:

1. Borrower Creates Loan → Locks up collateral tokens and sets loan terms
2. Lenders Fund Loan → Contribute USDC to fund the borrower's request
3. Borrower Claims Funds → Receives the raised USDC for their needs
4. Borrower Repays → Pays back the loan with interest
5. Lenders Get Paid → Receive their principal plus interest

#### What happens if a borrower can't repay?

* The loan gets liquidated
* Lenders receive the borrower's collateral instead
* This protects lenders from losses

### Key benefits for borrowers and lenders

#### For Borrowers:

* No Credit Checks - Your collateral secures the loan
* Flexible Terms - Set your own loan amount, duration, and interest rate
* Quick Access - Get funded in USDC without selling your tokens
* Keep Your Tokens - Repay the loan to get your collateral back
* Partial Funding - Can claim funds even if loan isn't 100% funded

#### For Lenders:

* Earn Interest - Get paid for funding loans
* Collateral Protection - If borrower defaults, you get their collateral
* Diversify Portfolio - Fund multiple loans to spread risk
* Transparent Terms - See all loan details before funding
* Flexible Investment - Fund any amount, from small to large


# Supported networks

### Network Information

<table data-header-hidden><thead><tr><th width="101"></th><th width="438"></th><th width="89"></th><th></th></tr></thead><tbody><tr><td>Network</td><td>L&#x26;B Address</td><td>Protocol Fee</td><td>Status</td></tr><tr><td>Ethereum</td><td>0x325baa592057c5b1782c8f34504bfc7f20ca8f76</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>BSC </td><td>0xdc30801a6867FC21A8C368Fd72d742fb5AA8d793</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>Cronos</td><td>0xc0dD767ea2A84D3476eAC9f4aD65673Dc217e5E0</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>Base</td><td>0xb65628c3510961Bc8552d840cA701edDa597dACE</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>Manta</td><td>0x24484258026Cb9E333e235cfa9D59656f18Fa8b9</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>Etherlink</td><td>0xA437F7a038eb154E30832Ac172F101Dfaa6d4F0e</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>XRP EVM</td><td>0x9126bc5a0774c4F73471ad462fE89C80D29640A9</td><td>0.5%</td><td>🔄 Work in Progress</td></tr><tr><td>Linea</td><td>0x245d3e788827b19Ef381EA9Ce703657eBACA3279</td><td>0.5%</td><td>✅ Active</td></tr><tr><td>CoreDAO</td><td>0x245d3e788827b19Ef381EA9Ce703657eBACA3279</td><td>0.5%</td><td>🔄 Work in Progress</td></tr></tbody></table>

<br>


# For Borrowers

### Creating a Loan

#### Getting Started as a Borrower

As a borrower, you can get USDC loans by locking up your cryptocurrency as collateral. Here's how to create your first loan:What you need:

* A Web3 wallet (like MetaMask)
* Collateral tokens you want to lock up

#### How to Create a Loan

1. **Prepare Your Collateral**

* Choose which tokens you want to use as collateral
* Make sure you have enough tokens to cover your loan amount
* Consider the collateral ratio (how much collateral vs loan amount)

2. **Set Your Loan Terms**

* Loan Amount: How much USDC you want to borrow
* Collateral Amount: How much of your tokens to lock up
* Interest Rate: The total amount you'll pay back (principal + interest)
* Funding Duration: How long lenders have to fund your loan
* Repayment Duration: How long you have to repay after getting funded

3. **Create the Loan**

* Click "Create Loan"
* Enter all your loan parameters
* Approve the collateral transfer in your wallet
* Your collateral gets locked in the smart contract
* Your loan goes live for lenders to fund

#### Understanding Loan Terms

Collateral Ratio:

* This is how much collateral you lock vs how much you borrow
* Higher collateral = safer for lenders = easier to get funded
* Example: Lock $2000 worth of tokens to borrow $1000 USDC

Interest Rate:

* Set the total amount you'll pay back
* Example: Borrow 1000 USDC, pay back 1100 USDC (10% interest)
* Higher interest attracts more lenders

Deadlines:

* Funding Deadline: When lenders stop funding your loan
* Repayment Deadline: When you must repay the loan
* Claim Extension: Extra time to claim funds after funding ends

#### Tips for Creating Successful Loans

Set Realistic Terms:

* Offer competitive interest rates
* Provide adequate collateral (150-200% of loan amount)
* Set reasonable deadlines (1-7 days for funding, 30-90 days for repayment)

Choose Good Collateral:

* Use stable, widely-accepted tokens
* Avoid highly volatile tokens
* Consider the current market value

Be Transparent:

* Set clear repayment terms
* Consider your ability to repay
* Don't borrow more than you can afford

### Managing Your Loan

#### Claiming Your Funds

Once your loan gets funded:

1. Check Funding Status

* See how much has been raised
* Check if the funding deadline has passed
* Verify the loan state is "Funded" or "Fundraising"

2. Claim Your USDC

* Click "Claim Funds" on your loan
* Receive the raised USDC in your wallet
* Your loan state changes to "Borrower Claimed"

Important Notes:

* You can claim even if the loan isn't 100% funded
* You must claim within the extension period
* If you don't claim in time, the loan gets liquidated

#### Repaying Your Loan

When it's time to repay:

1. Calculate Your Payment

* You owe the raised amount plus interest
* Plus any protocol fees
* The amount is prorated if you didn't get 100% funding

2. Make the Payment

* Click "Repay Loan" on your loan
* Approve the USDC transfer in your wallet
* Your collateral gets returned to you
* Lenders can claim their repayment

Example:

* You borrowed 1000 USDC
* You owe 1100 USDC (1000 + 100 interest + fees)
* Pay 1100 USDC → Get your collateral back

#### If You Can't Repay

What happens:

* The loan gets liquidated after the deadline
* Lenders receive your collateral instead of USDC
* You lose your collateral tokens

Avoiding Default:

* Set realistic repayment terms
* Monitor your collateral value
* Have a backup plan for repayment

#### Cancelling a Loan

You can cancel your loan before claiming funds:

1. When You Can Cancel

* Before the funding deadline + extension period
* If you change your mind about the loan
* If you need to adjust terms

2. What Happens

* You get most of your collateral back
* A small rejection fee goes to lenders
* Lenders get their USDC back

3. Rejection Fee

* 5% of your collateral if loan was >10% funded
* No fee if loan was <10% funded
* Fee is distributed to lenders

### Common Scenarios

#### Scenario 1: Fully Funded Loan

* You create a loan for 1000 USDC
* Lenders fund the full amount
* You claim 1000 USDC
* You repay 1100 USDC
* You get your collateral back

#### Scenario 2: Partially Funded Loan

* You create a loan for 1000 USDC
* Lenders only fund 500 USDC
* You claim 500 USDC
* You repay 550 USDC (prorated)
* You get your collateral back

#### Scenario 3: Defaulted Loan

* You can't repay on time
* Loan gets liquidated
* Lenders get your collateral
* You lose your collateral tokens

#### Scenario 4: Cancelled Loan

* You cancel before claiming
* You get 95% of collateral back
* Lenders get 5% rejection fee
* Lenders get their USDC back

### Important Notes

Timing is Critical:

* Claim funds within the extension period
* Repay before the repayment deadline
* Monitor your loan status regularly

Collateral Safety:

* Your collateral is locked until loan completion
* You can't withdraw collateral while loan is active
* Only you can claim or cancel your loan

Fees:

* Protocol fees are taken from interest
* Gas fees apply to all transactions
* Rejection fees apply to cancellations

Partial Funding:

* You can claim partial funding
* Repayment is prorated to what you actually received
* This gives you flexibility if full funding isn't achieved


# For Lenders

### How to Fund Loans

#### Getting Started as a Lender

As a lender, you can earn interest by funding loans on Liquify LoanManager. Here's how to get started:What you need:

* A Web3 wallet (like MetaMask)
* USDC tokens on your chosen network
* Basic understanding of DeFi lending

#### How to Fund a Loan

#### &#x20;1. Browse Available Loans

* Look for loans in "Fundraising" state
* Check the loan details: collateral, amount needed, interest rate, deadlines
* Evaluate the borrower's collateral ratio

2. Choose Your Investment

* Decide how much USDC you want to contribute
* You can fund any amount - from small to large
* Multiple lenders can fund the same loan

3. Fund the Loan

* Click "Fund Loan" on your chosen loan
* Enter the USDC amount you want to contribute
* Approve the transaction in your wallet
* Receive LoanShare tokens representing your investment

#### Understanding Your Investment

LoanShare Tokens:

* Each loan gets its own LoanShare token
* These tokens represent your stake in the loan
* You'll need these tokens to claim your returns later

Collateral Protection:

* If a borrower defaults, you get their collateral instead of USDC
* This protects you from losing your investment
* The collateral is distributed proportionally among all lenders

#### Tips for Choosing Good Loans

Check These Factors:

* Collateral Ratio - Higher collateral = safer loan
* Interest Rate - Higher rates = better returns but higher risk
* Loan Duration - Shorter loans = faster returns
* Borrower History - Check if they've successfully repaid loans before
* Collateral Type - Stable tokens are safer than volatile ones

Risk Management:

* Don't put all your money in one loan
* Diversify across multiple loans
* Start with smaller amounts to learn
* Consider the collateral's price volatility

### Getting Your Money Back

#### After a Successful Loan

When a borrower successfully repays their loan:

1. Claim Your Repayment

* Go to the loan details page
* Click "Claim Repayment"
* Burn your LoanShare tokens
* Receive your USDC principal plus interest

2. Your Returns

* You get back your original USDC investment
* Plus the interest earned on the loan
* Minus  protocol fees

#### If a Borrower Defaults

When a borrower fails to repay:

1. Loan Gets Liquidated

* Anyone can trigger liquidation after the deadline
* The loan state changes to "Defaulted"

2. Claim Your Collateral

* Click "Claim Collateral" on the defaulted loan
* Burn your LoanShare tokens
* Receive the borrower's collateral tokens instead of USDC

3. Understanding the Value

* You get collateral worth your original investment
* The value depends on current market prices
* You can hold or sell the collateral tokens

#### If a Loan Gets Cancelled

When a borrower cancels their loan:

1. Get Your USDC Back

* Click "Withdraw Funding" on the cancelled loan
* Burn your LoanShare tokens
* Receive your original USDC investment

2. Rejection Fee Bonus

* If the loan was partially funded, you might get extra collateral
* This is the rejection fee from the borrower's collateral

### Common Scenarios

#### Scenario 1: Successful Loan

* You fund 1000 USDC at 10% interest
* Borrower repays on time
* You claim 1100 USDC (1000 + 100 interest)

#### Scenario 2: Defaulted Loan

* You fund 1000 USDC
* Borrower defaults, loan gets liquidated
* You claim collateral worth 1000 USDC (current market value)

#### Scenario 3: Cancelled Loan

* You fund 1000 USDC
* Borrower cancels the loan
* You get 1000 USDC back plus any rejection fees

### Important Notes

Timing:

* You can only claim after the loan reaches its final state
* Repaid loans: Claim your USDC + interest
* Defaulted loans: Claim the collateral
* Cancelled loans: Claim your USDC back

Fees:

* Protocol fees are taken from interest earned
* Gas fees apply to all transactions
* No fees on your principal investment

Security:

* Your funds are protected by smart contracts
* No one can access your investment except you
* Collateral is locked until loan completion


# Overview

### **Overview**

Liquify offers a **decentralized P2P trading module** that allows users to trade tokens **on-chain** securely and transparently. Our smart contracts handle **escrow** and settlement, ensuring both parties fulfill their obligations before tokens and funds are exchanged.

Unlike traditional exchanges, this **trustless** system eliminates intermediaries and counterparty risks while giving users full control over their assets.

### **Why Use Liquify’s P2P Trading Module?**

✔ **No intermediaries** – Trade directly, no need to trust third parties.\
✔ **Escrow protection** – Smart contracts ensure fair settlement.\
✔ **On-chain security** – Transactions are verifiable and tamper-proof.\
✔ **Easy sharing** – Private trades via unique offer links.\
✔ **Multi-chain support** – Trade across different blockchain networks.

### Available Chains

To ensure safe and legitimate P2P trading, always verify the **correct smart contract addresses** before making a transaction. Below is a list of supported blockchains and their corresponding smart contracts.

| **Blockchain** | **Supported Tokens to Sell** | **Settlement Token** | **Smart Contract Address** | **Official Block Explorer Link**       | Status        |
| -------------- | ---------------------------- | -------------------- | -------------------------- | -------------------------------------- | ------------- |
| Ethereum       | ERC-20 Tokens                | USDC (ERC-20)        | Coming Soon                | [Etherscan](https://etherscan.io)      | ⏳ Coming Soon |
| BNB Chain      | BEP-20 Tokens                | USDC (BEP-20)        | `0xabc...`                 | [BscScan](https://bscscan.com)         | ✅ Live        |
| Arbitrum       | ERC-20 Tokens                | USDC (Arbitrum)      | Coming Soon                | [Arbiscan](https://arbiscan.io)        | ⏳ Coming Soon |
| Polygon        | ERC-20 Tokens                | USDC (Polygon)       | Coming Soon                | [PolygonScan](https://polygonscan.com) | ⏳ Coming Soon |
| Optimism       | ERC-20 Tokens                | USDC (Optimism)      | Coming Soon                | Optimistic Explorer                    | ⏳ Coming Soon |
| Avalanche      | ARC-20 Tokens                | USDC (Avalanche)     | Coming Soon                | [Snowtrace](https://snowtrace.io)      | ⏳ Coming Soon |
| Base           | ERC-20 Tokens                | USDC (Base)          | Coming Soon                | [Basescan](https://basescan.org)       | ⏳ Coming Soon |
| Cronos         | ERC-20 Tokens                | USDC                 | Coming Soon                |                                        | ⏳ Coming Soon |
| Berachain      | ERC-20 Tokens                | USDC                 | Coming Soon                |                                        | ⏳ Coming Soon |
| Abstract       | ERC-20 Tokens                | USDC                 | Coming Soon                |                                        | ⏳ Coming Soon |
| Monad          | ERC-20 Tokens                | USDC                 | Coming Soon                |                                        | ⏳ Coming Soon |
| Unichain       | ERC-20 Tokens                | USDC                 | Coming Soon                |                                        | ⏳ Coming Soon |
|                |                              |                      |                            |                                        |               |

### **Fees**

* Liquify charges a **small protocol fee** on each buy transaction.
* **Protocol Fee:** **0.2%** as a **premium offer for the first month** for all users.


# How to Create an Offer

#### **1. Open the P2P Trading Module**

* Navigate to the **P2P Trading** section on Liquify.
* Click **"Create Offer"** to start.
* Here you can pick either regular tokens, or the liquid tokens created through Liquify.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2F1GjtU8Ss7mn73MHKLsJN%2Fimage.png?alt=media&amp;token=9f6d8e40-e4d0-4215-9a5b-b7154a301ac2" alt=""><figcaption></figcaption></figure>

#### **2.1. For Regular Tokens - Enter Offer Details**

* **Select Chain & Token:** Choose the blockchain network and token type.
* **Offer:** Enter the number of tokens you want to sell.
* **Price per Token:** Set the price in USDC.
* **For:** The system will automatically calculate the total USDC you’ll receive.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FwV9bMQFpU5FKyIHO1Jc4%2Fimage.png?alt=media&amp;token=7f61be8d-c717-4e0b-a316-7b4d40fe34db" alt=""><figcaption></figcaption></figure>

#### **2.2. For Liquid Tokens - Review and Confirm**

* **Select Project & Round:** Choose the project you have liquid tokens for and the vesting round.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FhjTYdzVADkEWnyJDmi5N%2Fimage.png?alt=media&amp;token=2d9517ef-4451-42f6-acc1-82a7325b0634" alt=""><figcaption></figcaption></figure>

* **Offer:** Enter the number of tokens you want to sell.
* **Price per Token:** Set the price in USDC. Compare with the buy price, depending on your strategy and what you're trying to accomplish.
* **For:** The system will automatically calculate the total USDC you’ll receive.

#### **3. Review and Confirm**

* Double-check the token type, price, and total amount.
* Click **"Create Offer"** to finalize.
* You will have to sign a transaction.

#### **4. Share Your Offer**

* A **unique link** for your offer will be generated.
* Share the link with those you want to sell to.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FGPbXjDcwmmHrnHeLSnBA%2Fimage.png?alt=media&amp;token=001772ae-b3ab-4b6a-b76e-ef4619a80769" alt=""><figcaption></figcaption></figure>


# How to Accept an offer

#### **1. Open the Offer Link**

* If you received a direct **offer link**, open it.

<figure><img src="https://1611184026-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Faa8lNJH2g1RgkPizmZez%2Fuploads%2FpmvP01jtlggyDnjsoQ6H%2Fimage.png?alt=media&amp;token=16456ef9-4e45-4631-83e5-6c9703ef3bfe" alt=""><figcaption></figcaption></figure>

#### **2. Review Offer Details**

* Check the token amount, price per token, and total USDC required.
* Ensure you have enough USDC to complete the transaction.

#### **3. Accept the Offer**

* Click **"Accept Offer"** to proceed.
* The required USDC will be sent to the smart contract.

#### **4. Settlement & Token Release**

* Once the transaction is confirmed, tokens are **released from escrow** and sent to your wallet.


# Our Commitment to Security

**We value your funds like ours, so security isn’t an afterthought — it’s at the core of everything we build.**

#### ✅ Audited & Battle-Tested

Liquify’s core smart contracts have undergone **3 independent audits** and a **public audit contest**, bringing in insights from some of the sharpest minds in the ecosystem.

In total, **more than 15 security experts** have reviewed our code across audits, internal reviews, and open competitions.

#### 🔒 Security by Design — Even in Tokenomics

We’ve baked security into our long-term roadmap. **2% of the $LQFY token supply** is reserved exclusively for **a permanent bug bounty fund** — incentivizing responsible disclosures and keeping Liquify secure as it evolves.