💧LQDR
Information about the LQDR token.
Last updated
Information about the LQDR token.
Last updated
LQDR is the primary token for Abacus brought over from Liquid Driver. LQDR is the a non-inflationary yield bearing token that, when locked, provides yield from all of Abacus's deployments. LQDR deployments receive 8.5% of the yield from ve holdings on each chain, streamed every minute.
Projected Annual Inflation Rate based on current total supply: 5.3%-7%
Max Total LQDR Supply: 30,000,000
Burn mechanism penalizes early exits and lowers circulating supply.
Abacus routinely bribes LQDR to dexes holding liquidity for LQDR. This is the only way to get LQDR by yield farming.
THENA, RAMSES and LYNEX LQDR pools all receive weekly LQDR bribes.
qLQDR is the locked version of LQDR and provides yield from all of Abacus's deployments.
Flexible Locking Options: Lock LQDR on your preferred chain, including Arbitrum, Fantom, Avalanche, BNB, and Optimism.
Multi-Chain Yield Claims: Retrieve yields from any available chain.
Mirror batching : We reduced qLQDR cross-chain mirroring by executing the mirroring for every deposit within an epoch. Once you minted qLQDR, you will have to wait for the next execution in order to see your qLQDR on any chains, it will be performed after epoch switch.
12-Week Lock Period: Opt for a stable lock-in period without decay.
Early Withdrawal Option: Withdraw your locked LQDR early with a 25% penalty fee. The LQDR taken from the penalty fee will be burned.
Expandability: Potential to include additional chains in the future.
