Locking Fiat Stablecoins
Fluid Protocol allows users to leverage their fiat-backed stablecoin holdings (such as USDC) and earn additional rewards. By locking in fiat-backed stablecoins in the Fluid Protocol platform, users are issued an equivalent amount of FLDC (a stablecoin pegged to the US dollar). This process lets users maximize the potential of their stablecoin assets while participating in the Fluid Protocol ecosystem.
By holding FLDC, users are entitled to rewards in Fluid tokens, making it an attractive opportunity. Additionally, FLDC will have utility on other platforms.
The Fluid Protocol system fosters an active community, promoting participation and ensuring the growth and stability of the platform.
FLDC's key benefits include:
- Leveraging Stablecoin Holdings: Users can use their fiat-backed stablecoins to receive an equivalent amount of FLDC, tapping into a new ecosystem.
- Seamless Conversion: The system allows easy conversions between locked stablecoins and FLDC.
- Attractive Rewards: Earn rewards for holding FLDC, incentivizing participation in the Fluid Protocol ecosystem.
- Stability: FLDC maintains its value by being pegged to the dollar, ensuring user trust.
- Community Engagement: Designed to foster a thriving and active community, boosting the overall health of Fluid Protocol.
- Fully Decentralized: FLDC contracts are decentralized and permissionless.
More details will be released soon.
Last modified 4d ago