Deliq

About Deliq

{"time":1718218968181,"blocks":[{"id":"o345NCEUeQ","type":"header","data":{"text":"Highlights","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"_BYD3JDKqT","type":"list","data":{"style":"unordered","items":["Deliq Finance is a decentralized and transparent liquidity outsourcing platform built on Avalanche to provide sustainable, long-term liquidity to protocols in a capital-efficient way.","Liquidity providers can provide single-sided liquidity with impermanent loss protection, Liquidity directors can direct liquidity to various AMMs by staking $DLQ.","The team has raised $2.1M from top VCs such as Shima, Colony Labs, Bixin, LD Capital and Ghaf Capital."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"RCqiib9yvS","type":"header","data":{"text":"Product","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"Ctqr2D0Ogs","type":"header","data":{"text":"Liquidity bootstrapping using a novel staking and directing mechanism.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"zNWpVH4zS-","type":"paragraph","data":{"text":"Deliq is a protocol that enables protocol-owned liquidity on Avalanche by using a capital efficient and decentralized Liquidity-by-Staking model. Liquidity Providers (LPs) can provide single-sided liquidity to Deliq liquidity pools (DLPs) and earn yields for doing so. Liquidity in the pools is aggregated before deploying on exchanges. A unique three-layered impermanent loss (IL) mitigation mechanism ensures that LPs get 100% protection from IL for providing liquidity. Liquidity Directors (LDs) can stake $DLQ to direct liquidity from DLPs to various exchanges on Avalanche and own their liquidity while diversifying their treasury and generating a new revenue source for the protocol."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"CS1mkshyAG","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/nrrrjt5o2u63m1l8dk4bwgaqdtb5"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/nrrrjt5o2u63m1l8dk4bwgaqdtb5"}},{"id":"I6O2RIM6RE","type":"header","data":{"text":"Problem","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"euOVjf5rM8","type":"header","data":{"text":"Sustainable liquidity for the decentralized future","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"w64S7U9n1r","type":"paragraph","data":{"text":"Current ways of bootstrapping liquidity such as liquidity mining (LM) and centralized market makers face major roadblocks in terms of longevity and decentralized provisioning of liquidity. Liquidity mining introduces mercenary liquidity into the system that is sustainable only for the duration of the LM program, after which liquidity starts to decline. LPs dump the LM rewards into the market as soon they are received, thus increasing the selling pressure on the token. Deliq aims to tackle all the faults present in the traditional liquidity bootstrapping ways by enabling protocol-owned liquidity."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"AB__Pokbl1","type":"header","data":{"text":"Solution","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"Qn8OvsMwcZ","type":"header","data":{"text":"Liquidity-by-Staking","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"poeMgLdv3m","type":"paragraph","data":{"text":"Using a combination of staking and directing, Deliq creates a liquidity layer to supply seamless liquidity to the protocols transparently without introducing any additional selling pressure on tokens. Protocols can attract and bootstrap liquidity for the long term and own their liquidity. Deliq solves the problem of increased selling pressure by maintaining a reserve of protocol-controlled assets (PCA). PCA is used to make sure that LPs receive the same amount of tokens when they remove liquidity while ensuring that exchange liquidity remains constant."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"RZ2af_2Wn9","type":"header","data":{"text":"Business Model","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"mNqbUU97jx","type":"header","data":{"text":"Aggregating Liquidity to AMMs","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"WTEyESmvK7","type":"paragraph","data":{"text":"Revenue generated from the liquidity provisioning to AMMs is maintained in the PCA and is used for making the liquidity providers whole. OTC deals (token swaps) with protocols would also be used in accruing PCA over time. All the proceeds collected in the IDO round will be used to seed liquidity into Deliq Liquidity Pools (DLPs)."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"QlK_LTizS-","type":"header","data":{"text":"Market","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"8VP2Kbh14-","type":"header","data":{"text":"Deliq’s main competitor is Tokemak.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"OtB2zUKivF","type":"paragraph","data":{"text":"Deliq introduces various functionalities like auto-staking and auto-compounding mechanisms to improve the yield of LPs \u0026amp; LDs. Furthermore, it also boasts a better impermanent loss mitigation mechanism with improved tokenomics made possible by Avalanche’s low gas fees."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"fXfUkhpnUT","type":"header","data":{"text":"Investors","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"dWBKz_VCQq","type":"header","data":{"text":"Deliq Finance has raised $2.1 million from top venture partners such as Shima capital, LD capital, Hotbit, Colony Labs and others.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"crWYlLiWaR","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/die7p6v1x0e5rpq6l3yy03q6cb8c"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/die7p6v1x0e5rpq6l3yy03q6cb8c"}},{"id":"38f7-2TGbP","type":"header","data":{"text":"Team","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"cUbj_aBROl","type":"header","data":{"text":"A team with extensive background in crypto and finance","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"_a-L3Aedrx","type":"list","data":{"style":"unordered","items":["\u003cb\u003eSahil Jain:\u003c/b\u003e CEO with 3+ years of experience in crypto space, a degen with immense knowledge of DeFi and Blockchain. He has been a crucial part of various DeFi protocols helping teams in product development and strategy designing.","\u003cb\u003eRakesh Swarnakar:\u003c/b\u003e Rakesh is the business development head, he started as a crypto trader in 2015. He has been a part of a reputed market-making firm and has rich experience in biz dev playing an important role in development of 5+ crypto protocols.","\u003cb\u003ePushkar Verma:\u003c/b\u003e Pushkar is the technology lead with more than 2 years of Blockchain and Dapp development experience. He has previously worked on chains like Ethereum, Avalanche and Near. His coding experience comes from working on full-stack development in IBM and other tech giants."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"-LEzGlOy10","type":"header","data":{"text":"Token Utility","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"UMxrfPBIhS","type":"header","data":{"text":"$DLQ - much more than just a governance token!","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"IaKfyNtzRH","type":"paragraph","data":{"text":"Major token utilities are:"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"Jtt7-zSfXi","type":"list","data":{"style":"unordered","items":["\u003cb\u003eTokenized liquidity:\u003c/b\u003e Holders have the right to direct liquidity.","\u003cb\u003eStaking:\u003c/b\u003e $DLQ can be staked to direct liquidity and earn rewards.","\u003cb\u003eBackstopping mechanism:\u003c/b\u003e In case of heavy impermanent loss $DLQ will be used to make Liquidity providers whole.","\u003cb\u003eGovernance:\u003c/b\u003e Holders can be part of DAO and govern the decisions of the protocol."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"v6-ybJweLe","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/xfylh3hw50wnnw4ixqiy6pvhhh8h"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/xfylh3hw50wnnw4ixqiy6pvhhh8h"}}],"version":"2.27.0"}