Liquid Token — Week 2 Update

A dark FOG is rolling in

The Team

As we have had more time to forge our workflow processes and internal organization, the team will be rolling out updates in a more professional and timely manner going forward.

In the short amount of time this project has been live, we have managed to assemble some very motivated individuals to handle a lot of the heavy lifting normally associated with undertakings such as this and it has been impressive to say the least.

We are about a week ahead of schedule now and have some exciting things on the way.

Our First Economy Product — FOG

If you have been following our development, you know we are focused on producing an economy of offerings, rather than a one off scheme that only serves as a means of quickly shifting money from many pockets into a few others.

We have taken inspiration from several other projects to create FOG and as excited as we are to give you more details, it will need an explainer of its own.

The short version is this: you will have an immediate utility option that enables you to earn more from your LIQ tokens. This includes liquidity bonuses and a new type of token that compliments the current ALGO system immensely. With this roll out, the floodgates are opening to give us a wide latitude of potential implementations in regards to our future offerings.

We are working on getting this out to you ASAP.

Website Upgrade

Our web development team has been hard at work to ensure we have all the functionality needed to make our economy products usable. This has been no small feat, and we appreciate all the effort going into it.

Updates will include some new UI elements, pages for useful information and staking interfaces, and some supporting info to help make it a seamless experience for our community.

What’s Next For Liquid?

As with most projects coming to the scene lately, they usually have a narrow focus when it comes to the scope of their development timeline and we are focused on building much more on top of the core Liquid contract since it opens up many opportunities to do so.

Taking advantage of this is our sole focus as a project, and our team is constantly finding new ways to achieve that.

Our second roll out will be AQUA, a diversified system that includes an elastic supply token and an evaporating (deflationary) mechanism, this will be a large portion of the Liquid Economy and will serve as the framework for several other things we have in store. More details will follow as we get closer to release.

While this required more development than we had originally expected, it has been a remarkably smooth process.

Other tasks include releasing a roadmap, whitepaper (Liquidpaper?), and networking with other influential leaders in the industry.

Wrapping Up

As a community project that has grown massively in such a short amount of time, we would like to thank everyone for their support.

It takes a unique and sustained energy to make sure a project succeeds and we have been overwhelmed with the amount of positive feedback received from everyone.

Trust that our sole purpose is to make sure we continue to add valuable implementations into our economy and make it so that LIQ always maintains its forward momentum.

Stay tuned!

Join our community, the water’s warm and the drinks are cold:

Twitter — https://twitter.com/TokenLiquid

Telegram — https://t.me/LIQofficial

Website —https:// liquidefi.co

Uniswap — https://info.uniswap.org/pair/0x8e6d7b8027fd72e0d052c261e9e98ec42b3c333a