Liquid Protocol - ETH

Welcome to 💧 Liquid Protocol — the pioneering platform for liquidity providers on the Ethereum network. Fully compatible with UNISWAP V2.

[Liquid Protocol - ETH @ProtocolLiquid]

We've had 4 launches (which all borrowed!) the last 48h.

One of them hit 1M already!

Remember that we are not an incubator, thus we cannot vouch for any launches done on our platform, we're only a tool, aimed at mass-adoption, hence quantity. (why? Because we're a revenue-based protocol).

These launches have made us 6k of revenue!
It's also important to highlight that Jester hit 1M, and is still going strong!

Deploys:

Jester:
https://t.co/P76FpgN4Q0

SafuDex: https://t.co/uX1trH8at0

ZC:
https://t.co/5ELpb1eCJV

HyperLoop:
https://t.co/G1ELzrUQlB

Of course we thank and appreciate everyone using our platform, but special congratulations to the Jester team for their results!

This is the second time a launch goes past 1M on $LP, thus proving the safety & robustness of our Protocol.

[Liquid Protocol - ETH @ProtocolLiquid]

V4 is finally live on mainnet!

We're reviewing what the next steps will be for the project.

There are 2 main options, either a relaunch + push, or a push with the same contract. We're more inclined to the first one.

The reason our liquidity wasn't relocked is that we're considering those options.

We're gonna go hard once the utility season starts.

Remember that V4 is only available on ETH chain, meanwhile V3 is available on all chains.

$LP 💧

[Liquid Protocol - ETH @ProtocolLiquid]

Hey everyone!

We're offering a TESTNET version of LIQUID PROTOCOL V4!

We're really close to having it work on ETH MAINNET.

You can test it on the SEPOLIA TESTNET.
Please remember that UNI-V3 is very different from UNI-V2.

Once live on mainnet, we'll be, once again, the first service offering borrowed-liquidites for the UNI-V3 Protocol (LP's V4).

We're also working on a guide on how to launch on UNISWAP-V3, since, remember, it's very different from V2 (hence why it was so hard to develop for us, too).

There's been a few issues regarding the withdrawals of ETH using our contract, therefore MAINNET isn't live yet. However, this is not only proof of work, but a functional one.

Try it out, at: https://t.co/LXrRuiMBav

[Liquid Protocol - ETH @ProtocolLiquid]

V4 is coming on the next week.

[Liquid Protocol - ETH @ProtocolLiquid]

$LP is now offering its services on 4 chains!

These chains include:

ETH
BASE
BSC
ARB

With the volume flowing in on #BASE, we could see a big step in adoption.

Want to 'rent' liquidity on BASE? Use #LiquidProtocol $LP!

To access our services, please check out our dapp at: https://t.co/Fp9luyVLTX — anyone can access it!

200k has been done on buybacks until now.
We're just getting started!

[Liquid Protocol - ETH @ProtocolLiquid]

Multichain is now live.

Chains included: BSC, ARB, BASE.

Check it out at: https://t.co/inRvvbwRyG

Of course, ETH is still available and will always be.

Dropping a general update post tomorrow. Stay tuned.

[Liquid Protocol - ETH @ProtocolLiquid]

Short update post.

On the matter of Multichain, BSC is ready (but not live).

We'll have BSC, BASE and ARB.

[Liquid Protocol - ETH @ProtocolLiquid]

@TheDonAlucard @MayhemRocky Take ur meds we spent 200k in buybacks and still doing so, there's not a single transaction indicating a slowrug.

[Liquid Protocol - ETH @ProtocolLiquid]

Our locker is live!

You can now visit it through our app, at: https://t.co/kahSVml2PW

We've even made an example of a locked liquidity, down below:

https://t.co/LqQ4QV5rJQ

This is the beginning of the updates. We're sorry for the slight delay (truthfully, it has been 48h since Q1's end).

According to our dev, multichain is coming next.
However, multichain is not the update we're all focused on, but V4 is.

The LP-V4 (UNISWAP V3) contract, as posted on March 20, is already working. We're trying to hide its functionality in a proxy contract in order for our utility not to be stolen.

Nevertheless, in the case of our developers being unable to do so, we'd just launch the product with its functionality visible, just to get it out ASAP.

Remember that, once LP V4 is done, we'll again be (even with the delays) the first project of the market to offer such service! So, no worries about staying on top on that regard!

$LP #LIQUIDPROTOCOL

[Liquid Protocol - ETH @ProtocolLiquid]

We're progressing with development!

This shows a picture below of a transaction in which we were able to deploy and create a V3 pool in the same transaction.

The new developer is also playing around with price ranges (since we need to make this easy to understand for the average user, as that's partially our job, besides the lending facility)

[Liquid Protocol - ETH @ProtocolLiquid]

We understand updates may not be coming as fast as expected, however, we're still working behind the scenes (with yet another new developer as well).

We've burned 2% more of $LP buybacks to show our commitment.

TX: https://t.co/h2FIWXNkf0

It's also important to note that the full amount of buybacks done from funds has been 55ETH (200k+).

Remember that (a project I won't name) recently has lost 380k with a drain, hence why we need to be careful with dapps (from the building side of it, to not make a mistake that affects you guys).

[Liquid Protocol - ETH @ProtocolLiquid]

Let's talk numbers!

So, how much has $LP made as of now?

Considering we've sent 32ETHto the lptreasury.eth wallet, in the transactions:

https://t.co/bvEJzQtlIp 4
https://t.co/u4PkE0sUE4 5
https://t.co/MYX3ssH9Cz 8
https://t.co/mwrbQiECuM 4
https://t.co/EKSm9ww4n0 2
https://t.co/u4PkE0sUE4 5
https://t.co/WVOyk43XPd 4

Now this has turned into '400k' being held, however, we need to use a more realistic value, since the project's liquidities are accounted for only after they're terminated, therefore the values will decrease.

We can, however, according to volume/longevity, determine how much it has this happens:

Now, we have:

12ETH,
5E sent back to marketing,
6E sent back to lpbuybacks.eth,
4E (est.) Revswap
6E (est.) CHIBA
7E https://t.co/UvQZ28lmCI
3.5E SFD
3E KING
2.1E TSWAP
1.1E SHAMAN

This gives 49.7E!

Meaning that $LP has made, at minimal 18E ($42000 at writing price) in 2 and a half months. This is now profit, not revenue anymore, since the numbers have been crunched up (both the positive and negative ones).

This is a 'minimal' since we've been conservative with the numbers and their results of the projects whom still upkeep their liquidities.

[Liquid Protocol - ETH @ProtocolLiquid]

This is what the developer(s) have been working on lately:

We understand things seem to be going slow, this is because our main developer was busy managing some stuff in his personal life (which I cannot mention, for the sake of his privacy).

He should be back fulltime very soon, and gave us these pictures today.

Sorry for the lack of updates, we don't like to just 'spam post'.

I have some numbers about revenue which I'll present on Monday, at a similar time of this post (6-7PM UTC).
You'll be impressed when you notice how much we made!

[Liquid Protocol - ETH @ProtocolLiquid]

We've had a launch today borrow 5ETH for liquidity!

Transaction: https://t.co/8OiHpbcQYU

We're very happy to have such great teams working with our tool.

Their coin is also performing extremely well up to the point where multiple influencers are calling it out as an 'alpha'. $LP deploys are cooking!

Besides the aforementioned, it's important to note that our treasury is now sitting at a hefty ~690k (nice) value.

1M is coming soon, plus V4+locker updates will greatly increase our exposure and reach, since we'll be the one and only protocol to offer both UNI-V2 and UNI-V3 deploying, while also offering liquid lending on both of such.

[Liquid Protocol - ETH @ProtocolLiquid]

We reached 440k (liquid ETH 230k) locked funds yesterday!

https://t.co/ByIGNUrKdy

This is only the start for Q1 2024. We know that you are waiting for updates, so it's important to note a few things:

The reason the dev team (which, by the way, has been increased by another developer earlier this week), takes 'long' to finish updates, is because of the fact that we're guarding customers funds.

Mistakes cannot be made in the code or the dapp, hence why everything has to be tested multiple times & we have to be extra careful.

However, sneak peeks have already been posted in the past, as 'proof of work' per say.

[Liquid Protocol - ETH @ProtocolLiquid]

We've had 4 launches in the past 8 hours!

$LP's adoption is happening, and this is all before the wave of updates that's coming soon.

Remember that V4 will include UNISWAP V3 Support.

If we're getting this attention while providing an UNI-V2 service, which many do (although that's not what makes us unique, but the liquid lending is), eitherway, I'll leave it to your imagination, as to what we can achieve providing V3's support, which is an unexplored market, specially with the perk of no extra cost!

These are the transactions and a quick reminder about it. Please read carefully!

https://t.co/8eLWe55uHc

https://t.co/VP7oJqkvYm

https://t.co/CmQpDF1cTQ

https://t.co/CmQpDF1cTQ

It's important to remind everyone that we're a platform which provides a tool as a service, we do not 'guarantee' any results on coins deployed from our protocol.

Please always remember that! Deployed by $LP != Mooner.

Deployed by LP means that the contract cannot be exploited, however the dev still has the freedom to do whatever they want.

When a contract is both deployed by LP, and it borrows our liquidity, then the developer can't rug. Nevertheless, even if they can't rug, we can still have people abandon their projects, which is NOT in our control, nor can we limit with code, since that would be impossible.

[Liquid Protocol - ETH @ProtocolLiquid]

@Itshivaprasad we haven't taken any of the revenue, even if advertised as 25% to us, for now, we've paid 0 to ourselves.

[Liquid Protocol - ETH @ProtocolLiquid]

Want to deploy with our tool without having to borrow funds?

No worries! We offer this service as well, at no extra cost!

Check out the playbook for 'Deploys Only': https://t.co/R8K6qLhxl2

This means that, if you want to deploy your own coin (which is always the case), but also with your own liquidity, you can use Liquid Protocol for the same spending you'd have on remix/hardhat, while also getting a much greater UI (user interface)!

This is the first medium post out of three, each containing relevant information about how to use our tool effectively. Noob friendly as well!

$LP — Where everyone can deploy their token ideas into reality.

[Liquid Protocol - ETH @ProtocolLiquid]

Congratulations to https://t.co/leI4SrbWLj!

They've hit 3M marketcap earlier!

We're very happy to have these type of hardworking & dedicated teams using our platform.

[Liquid Protocol - ETH @ProtocolLiquid]

Hey there!

We're working on lots of stuff, as advertised on the roadmap posted a week ago.

We're sorry if this takes long, however, as we're actually building >not copying< our product, this is the time it takes.

Nevertheless, playbook for deploys only is done. The full version of it, explaining each & every function on our deployer will be posted on Monday 6PM UTC.

Besides, our developer had some busy time on college (yes, real devs go to college. College is nice if you study something useful). This time is over, as his exams are mostly past.

Things are about to heat up for $LP!