Liquidchain is a layer-1 blockchain-powered by Proof of Authority (PoA) consensus mechanism compatible with Ethereum Virtual Machine (EVM). It is specially designed for liquidity providers and DeFi users. Unlike Ethereum, Liquidchain is secured by a group of trusted validators who utilizes PoA algorithm which is more efficient than Ethereum’s Proof of Work (PoW). Validators generate blocks and earn from the txn fees. Liquidchain is a scalable, extremely cheaper, and faster L1 blockchain.

Liquidity mining in the LiquidityChain is the actual mining of cryptocurrency. After the genesis event, WXLC and other necessary contracts are deployed on the network then native XLC is converted to WXLC and sent to the liquidity mining contract, which will generate a constant amount of WXLC per block. LPs can provide liquidity in the AMM Protocol, get the LP tokens and stake them in the pool to earn WXLC. Later those WXLC can be converted back to XLC.

Smart Economy of Liquidchain:

• Liquidity. Purpose of Liquidchain is to make the most liquid ecosystem in the blockchain industry
• DEX. Trade your favorite assets on the DEX Platforms built on Liquidchain
• NFT. Mint and trade NFTS on Liquidchain in a convenient environment
• On-chain Yield. Earn XLC by providing on-chain liquidity and staking on Liquidchain.