Fluid Protocol Airdrop
About Fluid Protocol
Fluid Protocol is an innovative decentralized borrowing platform on the Fuel Network, issuing USDF, a stablecoin soft-pegged to the U.S. dollar. Users can secure interest-free loans by depositing collateral, including ETH derivatives, with a minimum collateral ratio of 135%. It features a unique partial liquidation mechanism to handle volatility. Inspired by Liquity, yet distinctive, Fluid Protocol offers governance-free stability, fast transactions, and robust incentives for liquidity and security through its utility token, FPT.
Why we choose Fluid Protocol?
We chose Fluid Protocol for its standout innovation in decentralized finance, offering interest-free loans on the Fuel Network. With $3.9M in funding from backers like Animoca Brands, Fluid Protocol introduces USDF, a stablecoin, and a unique partial liquidation mechanism. Inspired by Liquity but distinctively governance-free, it promises fast transactions and strong incentives for liquidity and security through FPT.