Fluid (FLUID)
Fluid is an innovative ERC20 token operating on the Ethereum network, designed to transform the decentralized finance (DeFi) landscape. With its advanced features, such as a liquidity layer, automated limits, lending and vault protocols, a robust oracle system, and a decentralized exchange (DEX) protocol, Fluid establishes a cutting-edge financial layer. This layer is set to redefine the way DeFi users engage with the ecosystem by enhancing efficiency, security, and user experience.
The Fluid ecosystem
The Fluid ecosystem consists of several DeFi protocols, each contributing to a comprehensive financial network that enhances liquidity and capital efficiency while providing secure and sustainable financial services.
| Ticker | FLUID |
| Category | Decentralized Finance (DeFi) |
| Website | https://fluid.io/ |
| @0xfluid | |
| Contract Addresses | |
|---|---|
| ethereum | 0x6f...eb Copied! |
| arbitrum-one | 0xae...5bCopied! |
| polygon-pos | 0xf5...eeCopied! |
Lending protocol
Fluid's lending protocol is a straightforward "Lend and Earn" system, designed to offer users long-term, sustainable yields. As a foundational component of the Fluid ecosystem, this protocol facilitates lending activities with a focus on efficiency and security. It serves as a direct access point to Fluid's liquidity layer, enabling users to deposit assets and earn returns, thereby participating actively in the ecosystem's liquidity provision.
Vault protocol
The vault protocol in Fluid is an advanced borrowing system that offers users high loan-to-value (LTV) ratios and minimal liquidation penalties. Drawing inspiration from well-known mechanisms like those in MakerDAO, Fluid's vaults utilize a single asset-single debt model. However, Fluid elevates this concept, providing a highly capital-efficient and optimized protocol that allows up to a 95% LTV on collateral. This makes Fluid one of the most efficient protocols for users looking to leverage their assets.
Liquidity protocol
At the heart of the Fluid ecosystem is the liquidity protocol, which acts as a foundational layer consolidating liquidity across various protocols built on Fluid. This singular liquidity layer eliminates the need for individual protocols to independently attract liquidity, thereby streamlining interactions and ensuring optimal capital efficiency, security, and user experience. It serves as the backbone for other protocols, facilitating seamless operations and interactions.
Dex protocol
Fluid's DEX protocol is an innovative feature built on top of the liquidity layer, integrating with the vault protocol to introduce functionalities like Smart collateral and Smart debt. This integration allows users to earn liquidity provider (LP) fees while providing collateral or even on their borrowed debt positions. The DEX protocol enhances the utility of assets within the Fluid ecosystem, offering users additional ways to generate returns.
StETH protocol
The stETH protocol offers a groundbreaking solution for unwinding leveraged stETH/ETH positions. Known as the stETH Redemption Protocol, this feature provides a cost-effective mechanism for users to deleverage stETH positions at a 1:1 rate with Lido. By reducing costs by up to 10 times compared to traditional market deleveraging, this protocol specializes in saving leveraged stETH position holders significant amounts by utilizing a short-term loan strategy. This innovation underscores Fluid's commitment to providing efficient and user-friendly financial solutions.