Fluidity (FLUID)

Fluidity aims to solve the utility problem in DeFi by introducing a novel incentive mechanism that rewards users for on-chain transactions. Get more out your crypto – Fluidify your money.

Seed Round: $1.3M

Whitepaper

Onepager

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Interest lvl

Medium

Updated: Mar 13, 2024

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User Rating

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5/5 • 2 votes

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Ticker

FLUID

Token standard

ERC-20

FoundedAustralia

Registration countryAustralia

Registration year2022

Office address10 Pulteney St, Adelaide, South Australia 5000, AU

What is Fluidity

With Fluidity, you are rewarded for doing what you already do. Using your favourite DEX, paying back a friend, purchasing an NFT, all forms of on-chain value transfer using Fluid Assets can be yield-bearing, at no extra cost.

Fluidity Money tokens (Fluid Assets) are a 1-to-1 wrapped asset that exposes holders to randomly paid rewards when they use their cryptocurrencies. Rewards are paid out according to a drawing mechanism held on each transaction of their Fluid Assets. These rewards are generated by the cumulative yield generated by the underlying asset, which is deposited and lent on money markets.