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Bitcoin-Tate defic protocol Liquidium He approved the main design proposal and introduced a new platform betting model.
The native LiQ protocol token has climbed to more than 73.3%since the proposal was approved at the beginning of this week. Since the press, it has been traded for about $ 0.25, based on Coingecko data.
Liquidium introduces betting
13. May the Liquidium Foundation Foundation confirmed This LIP-12 went through the full support of the community, which meant a significant step in the development of the protocol.
The LIP-12 represents a download mechanism that allows LiQ holders to earn rewards bound directly with the revenue of the platform.
Within the new model, users can bet LiQ tokens to receive SLIQ, a liquid derivative that represents their share in the download fund.
Within the reward mechanism, 30% of the daily log receipt will be assigned to the LiQ market overview from centralized exchanges. The purchased tokens will then be distributed to stakers. The remaining 70% of the income will apply to operating costs.
The initiative is designed to strengthen the long -term holding of the token and create consistent demand through automated repurchases. The Foundation noted that the development is already underway and the start date will soon be announced.
New identity
In addition to the initiative for download it has liquidium rebranded From liquid to Liqualiumwtf.
The protocol explained that the updated name reflects the hug of the Bitcoin experimental boundaries, including Ordinary and culture of memecoin.
Liquidium CTO Peter Giammanco said that rebrand reflects the path of the platform in creating defians on bitcoins. He emphasized the team’s efforts to simplify complex technologies while maintaining the main ethos of the bitcoin network.
He added:
“The aim has always been to transform the complexity into clarity, take what feels impossible on bitcoins and cause to feel intuitively. This ethos bakes into everything we do.”
Despite the new brand, Liquidium will continue to support its existing peer-to-peer bitcoins application. The update also represents a reward feature that allows users to earn 30% of the users of the user from their first five loans.
Meanwhile, the team is ready to debut a new product called Liquidium.i at the upcoming Bitcoin 2025 conference. This latest offer will promote the “borrow beyond border” message, signaling a wider vision of expansion of its reach beyond its current user base.
