“The only people who get rich in crypto are founders and holders.”
Well, if you’re like most people, you’re a holder, not a founder.
So this begs the question, “What do you do with your PLS while holding?”
Luckily, Liquid Loans is launching very soon, and everybody will have a place to park their $PLS while they hold for the long run.
Although crypto moves relatively quickly, most users find themselves getting bored during bear markets and sideways action.
This leads them to potentially getting out of the market all together, chasing pump and dumps, or trying to find yield on risky dApps or via centralized third parties.
Let’s use LP as an example.
For example, if you LP on the PLS:eUSDC pair, and the price of PLS doubles, you will be left with only eUSDC.
Therefore, you have effectively lost your PLS bag and will have to buy back higher.
The problem is that long-term crypto holders need a place to park their $PLS and earn yield without the risk of losing their bag.
The Liquid Loans protocol provides long-term $PLS holders the option to park their coins in a vault.
The minted USDL is a source of liquidity which can be used to generate yield across the PulseChain ecosystem.
Users of Liquid Loans must understand and manage the risks of collateralizing PLS and minting USDL.
There are two ways in which the Stability Providers can take your PLS from you.
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Disclaimer:Please note that nothing on this website constitutes financial advice. Whilst every effort has been made to ensure that the information provided on this website is accurate, individuals must not rely on this information to make a financial or investment decision. Before making any decision, we strongly recommend you consult a qualified professional who should take into account your specific investment objectives, financial situation and individual needs.
Connor is a US-based digital marketer and writer. He has a diverse military and academic background, but developed a passion over the years for blockchain and DeFi because of their potential to provide censorship resistance and financial freedom. Connor is dedicated to educating and inspiring others in the space, and is an active member and investor in the Ethereum, Hex, and PulseChain communities.