What is Illiquids?

In the rapidly evolving world of decentralized finance (DeFi), liquidity provision plays a crucial role in enabling trading, staking, and farming opportunities. UNI-V2 liquidity provider (LP) tokens, commonly used on platforms like Uniswap, represent pooled assets in liquidity pools. However, users who lock their LP tokens on platforms like UNCX.network or team.finance face a significant challenge: the lack of liquidity and flexibility once those tokens are locked.

Illiquids seeks to address this issue by providing a marketplace where locked UNI-V2 LP tokens can be bought and sold, allowing users to receive liquidity without breaking their lockup periods. The platform operates on Ethereum and uses its native token, QUIDS to fuel the ecosystem and provide governance functionalities.