BNB Chain has introduced the official launch of OpenLiquidity. This revolutionary characteristic permits customers to maximise the worth of their locked liquidity tokens. With OpenLiquidity it’s now doable to commerce locked liquidity of decentralized alternate tokens (DEX). As well as, it is usually doable to hold out credit score and lending actions utilizing liquidity pool (LP) tokens as collateral.
We’re glad to see @open_liquidity reside on BNB now!
Open Liquidity helps you to do extra together with your locked liquidity tokens. Take a look at their put up under for extra
https://t.co/J9FX50QyGd
— BNB Chain (@BNBCHAIN) July 27, 2024
OpenLiquidity is launched, providing direct management over Blockchain belongings
Primarily based on the blockchain atmosphere, OpenLiquidity implements sensible contracts to execute transactions instantly on the blockchain platform. On this system it’s doable to have full management and possession over the belongings that every one contributors personal. This function doesn’t require intermediaries or conventional strategies of economic companies.
BNB Chain launches OpenLiquidity for safe, decentralized asset administration
The launch of OpenLiquidity is predicted so as to add a brand new value-added utility to the BNB Chain ecosystem by enabling new liquidity capabilities. The characteristic provides extra freedom and manageability to the person’s belongings. Moreover, it permits a extra versatile use of buying and selling and lending within the DeFi area. All advised, this represents a growth for BNB Chain that demonstrates its dedication to increasing the performance of its blockchain.
Lastly, OpenLiquidity is now right here for customers to completely make the most of and earn whereas their liquidity is locked in a very safe method in a decentralized atmosphere.