Liquidium is a platform for P2P Bitcoin lending using unique Bitcoin-based assets like Ordinals and Runes as collateral. It employs Partially Signed Bitcoin Transactions (PSBT) and Discreet Log Contracts (DLC) on the Bitcoin blockchain for secure lending and borrowing activities. Ordinals are digital products similar to NFTs, stored on the Bitcoin blockchain, and each is assigned a unique number to each satoshi and can include inscriptions like images, text, or code, up to 4 MB. Liquidium is compatible with the Xverse and Magic Eden wallets and is set to integrate with other wallets like Unisat, Leather, OKX, Phantom, and more. The team includes co-founders Robin Obermaier, Peter Giammanco, and Julian Mezger, and lead front-end engineer Luke Bowels, all with diverse expertise and experience in the blockchain and technology industry.
Liquidium's core products are borrowing and lending, facilitated by the PSBT and DLC models. Partially Signed Bitcoin Transactions (PSBT) enable multi-signature transactions, while Discreet Log Contracts (DLC) automatically trigger transactions when pre-set conditions are met, facilitating loan maturities. Once the borrower and lender agree, the contract is activated, collateral is locked, and the loan amount is sent to the borrower's wallet. Borrowers can also deposit funds and interest at any time to automatically reclaim their assets. Although not revolutionary due to the Bitcoin blockchain's limitations, Liquidium's user-centric mechanisms and product development strategies align with customer needs, attracting significant user attention.
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