Review Deliq Finance ($DLQ) – Liquidity Outsourcing Service for Avalanche Ecosystem.

Deliq Finance is a decentralized and transparent liquidity outsourcing platform to provide sustainable, long-term liquidity to protocols.

What is Deliq Finance?

Deliq Finance is an Avalanche-based decentralized, transparent liquidity provisioning protocol powered by blockchain technology. Our mission is to redesign the capital inefficient markets by providing them with a liquidity infrastructure layer that supplies liquidity to protocols across chains. The economic potential of the future will be fulfilled by harnessing global liquidity and supplying it to areas of greatest opportunity.

Deliq creates a transparent and completely decentralized liquidity engine by introducing a Liquidity-by -Staking model to provide healthy liquidity to the markets. With Deliq decentralized protocols will be able to attract liquidity without using liquidity mining incentives as temporary measures.

Outstanding features

What is the project trying to achieve?

Tokenized Liquidity for the Decentralized Future. Deliq Finance with its Liquidity by Staking (LBS) model allows protocols to bootstrap liquidity without centralized market makers and capital inefficient liquidity mining.

Deliq

Deliq is a decentralized market-making protocol that replaces the traditional capital inefficient ways of bootstrapping liquidity with its game-changing Liquidity-by-Staking model.

Aims to create a liquidity layer that enables easy liquidity bootstrapping for new-gen DeFi protocols and facilitates single-sided deposits for liquidity providers.

Liquidity Providers (LPs) can profit by providing single-sided liquidity to DLPs (Deliq liquidity pools). Before being deployed on exchanges, liquidity in pools is aggregated. The LP is fully protected against impermanent loss (IL) while providing liquidity thanks to a three-layer IL mitigation system. Directing liquidity from DLPs to multiple Avalanche exchanges and owning their liquidity while diversifying the treasury and creating new income streams for the protocol is now possible for the Chief Liquidator (LDs).

Project objectives

New-gen DeFi protocols face a major roadblock of attracting liquidity to the protocols for easy user adoption and better trades. Usually, protocols adopt liquidity mining to incentivize users. This is a capital inefficient way to get liquidity and is often just a temporary solution to the liquidity problem.

Deliq Finance with its Liquidity by staking (LBS) model is a paradigm shift in liquidity bootstrapping for protocols. They change the way Liquidity provisioning works and replace the centralized resources like capital and trading strategies of market makers with Liquidity Providers and Liquidity Directors.

New DeFi Protocols

They can bootstrap liquidity in a capital-efficient way without providing LM incentives and generate deep liquidity markets from the very beginning. These protocols can outsource their liquidity needs to Deliq just by spinning up their own token pool.

Exchanges

Exchanges like Trader Joe & Pangolin can utilize the extensive liquidity provided by Deliq to increase their market depth and provide near-zero slippage trades to their users. Various pairs on exchanges have high slippage due to low liquidity in the pools, Deliq will allow liquidity to flow into such pairs if the community is confident about projects.

What is unique selling point?

It is possible to direct the assets in the Deliq ecosystem using the protocol token, which is DLQ. Tokenized liquidity is what can be compared to DLQ. By placing DLQ in the token pool, investors can channel this liquidity in ways that maximize their returns. To provide liquidity to multiple trading platforms, Deliq’s token pool assets are combined with its stable ETH/coin reserve.

Deliq has several advantages

• New DeFi protocols: They can create deep liquidity markets in the first place and bootstrap liquidity in a capital efficient way without providing LM incentives.
• Liquidity Provider: Investors can earn great profits on DLQ tokens by providing single-sided liquidity without the risk of impermanent loss
• DAO: DAO protocol can swap their token with DLQ token and open a pool to drive liquidity into their protocol.
• Market Makers: They can generate high returns by using Deliq’s extensive liquidity network and combining it with their trading experience.
• Exchanges: Exchanges can leverage Deliq’s extensive liquidity to boost their market depth and provide consumers with near-zero slippage deals.

Initially, Deliq’s LBS model will co-exist with Liquidity Mining, but as time goes on and protocols mature, Deliq will attract more liquidity into the system. While Deliq itself initially started with a Liquidity mining program of its own, we will slowly transition it into a self-sustaining protocol as there is no longer any need for inflation token rewards. as they are paid through protocol-controlled assets (PCA).

Roadmap 

Technical data

Key metrics 

• Token Name: Deliq Finance
• Ticker: DLQ
• Blockchain: Avalanche
• Token Standard: ERC-20 
• Contract: Updating….
• Token type: Utility, Administration
• Total Supply: 100.000.000
• Circulating Supply: 2.900.000

Token allocation

Token release schedule

Token use case

The DLQ token has the following functions:

• Staking: $DLQ tokens can be staked by token holders to earn rewards.
• Direct: Token creators will be able to transfer liquidity to exchanges like Trader joe/Pangolin.
• Risk Mitigation: The $DLQ token will be used to reduce the risk of impermanent loss.
• Governance: Token holders will be able to vote on core protocol upgrades and be part of a decentralized liquidity layer.

Token sale

Deliq x Polkastarter IDO details

• Date: March 23, 2022
• Tokens for sale in total: 2,666,667 DLQ
• Public Sale Token price: $0.15 per token
• Ticker: DLQ
• Total Raise: $400,000
• Max allocation per person: $500 (USD)
• Network: Avalanche
• You must either hold 250 POLS (or equivalent in LP tokens) in your wallet for a minimum of 7 days to become eligible or stake a minimum of 250 POLS to become eligible immediately — on Ethereum/Binance smart chain. Staked tokens are locked for 7 days. Learn More

How to own the token?

Buy DLQ Token at IDO on PolkaStarter.

Participate in Deliq Polkastarter IDO Whitelist Lottery

• Start Date & Time: March 8, 2022, 12 pm UTC
• End Date & Time: March 16 2022, 1pm UTC

Markets and Community

Community

Deliq Finance has crossed the mark of 19.600 Followers on Twitter.

Backers

Team/ Founders

Development team

• Sahil Jain: CEO with more than 3 years of experience in the crypto space, someone with extensive knowledge of DeFi and Blockchain. He has been a key part of various DeFi protocols helping teams with product development and strategy design.
• Rakesh Swarnakar: Rakesh is the head of business development, he started as a crypto trader in 2015. He is already part of a reputable market maker. and has rich experience in biz dev, plays an important role in the development of more than 5 crypto protocols.
• Pushkar Verma: Pushkar is a technology leader with more than 2 years of experience in Blockchain and Dapp development. He has previously worked on chains like Ethereum, Avalanche, and Near. His coding experience comes from full-stack development at IBM and other tech giants.

Partners

Conclusion and analysis

Deliq is the Liquidity infrastructure layer of the DeFi ecosystem in addition to the Value layer called blockchains and Oracle layer. Liquidity- by- Staking model is a paradigm shift in liquidity bootstrapping that enables healthy liquidity as well as a new revenue generation stream for protocols.

In a nutshell, Deliq stands on three pillars namely Liquidity Providers, Liquidity Directors, DLQ token. Each component coupled with the others paves the way for creating a sustainable liquidity layer for DeFi ecosystem. Deliq seeks to build a future that is decentralized, efficient and empowering. 

Find more information about Deliq Finance:

Website: https://deliqfinance.com/

Twitter: https://twitter.com/deliqfinance

Telegram: https://t.me/DeliqFinance

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Elise

Coincu Ventures