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Liqueth (LQTH)

Last updated: May 17, 2023

Liqueth (LQTH) – The ETH-backed token is a bond-backed token based on proof of staking reserve protocol i.e the tokens will be generated in a 1:1 ratio of the Ethereum staked through the validator.

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Overview

Project industry	Blockchain Infrastructure
Product type	Cryptocurrency
Founded	India
Whitepaper	Open

What is Liqueth

The most important utility of the token will be liquidity. Liqueth (LQTH) will be pegged to Ethereum's price and tradable on CoinDCX markets.

There will be a periodic payout to all the holders based on their token holdings.

Users will get fee discounts when used as a medium to pay trading fees, get collaterals for margin trading, airdrop framing, and more benefits revolving around the CoinDCX ecosystem.

We will onboard new partners to provide additional yield benefit to the Liqueth (LQTH) token holders. More details will be shared soon.

#LQTH will be tradeable on CoinDCX\'s Spot market and will be available on USDT pair.

CoinDCX is India’s largest and safest cryptocurrency exchange and top liquidity aggregator in the world. The exchange has instant deposit and withdrawal facilities. The versatile wallet structure provides the best fee structure in the industry. Established in 2018, the exchange is today deemed by many market participants as India’s most trustworthy cryptocurrency exchange.