Key Features

1. Marketplace for Locked LP Tokens

Illiquids provides a decentralized platform where users can list, buy, and sell locked UNI-V2 liquidity provider (LP) tokens. This creates liquidity and flexibility for users who otherwise would have their tokens locked until a specified period ends. Key platforms supported for LP token locks include UNCX.network and team.finance.

2. Payment Flexibility

Sellers can choose to receive payments in QUIDS (the platform’s native token) or ETH. This provides sellers with the option to either reinvest within the platform’s ecosystem or liquidate directly into Ethereum, offering greater flexibility.

3. Smart Contract Integration

Illiquids utilizes Ethereum smart contracts to handle every step of the transaction, from verifying the locked status of LP tokens to securely transferring ownership once a sale is finalized. This ensures transparency, trustlessness, and efficiency in transactions.

4. Wallet Connectivity

Users can seamlessly connect their Ethereum wallets (e.g., MetaMask) to manage their listings, sales, and purchases. This ensures that the platform is non-custodial and secure, giving users full control over their assets.

5. Low Transaction Fees

A 5% fee is charged on each successful transaction, ensuring the platform remains sustainable. The fee is deducted from the seller's proceeds, and a portion of this fee is used for platform development, marketing, liquidity incentives, and operational costs.

6. Decentralized Governance

Illiquids employs a decentralized governance model, empowering QUIDS token holders to influence platform decisions. Community members can propose changes, vote on important upgrades, and shape the future of the platform through transparent, on-chain governance mechanisms.

7. Arbitrage and Investments

By creating a marketplace for locked LP tokens, Illiquids introduces new opportunities for arbitrage and investment. Buyers can potentially purchase locked LP tokens at a discount, benefiting from future token unlocks, rewards, or price appreciation.

8. Staking and Rewards

QUIDS holders can stake their tokens to earn rewards. Staking also grants users access to premium features and incentivizes long-term participation in the Illiquids ecosystem.

9. Security Audits

Illiquids takes security seriously, ensuring that all smart contracts undergo thorough third-party audits before deployment. Regular security assessments and audits help maintain the integrity and safety of the platform for all users.

10. Seamless Integration with LP Locking Platforms

Illiquids supports easy integration with major LP locking platforms like UNCX.network and team.finance. The platform's smart contracts ensure that locked LP tokens can be verified and traded, providing a trustless experience for both buyers and sellers.

11. Cross-Platform Accessibility

Illiquids is designed to be a web-based decentralized application (dApp) accessible from various devices. Users can interact with the platform using popular Ethereum wallets, making it convenient to manage listings and transactions from any location.

12. Burn Mechanism for Token Scarcity

To promote deflationary mechanics, a portion of the platform fees collected in QUIDS may be burned, reducing the overall supply over time. This feature helps increase the long-term value of the QUIDS token and benefits token holders.