Liquidium(LIQUIDIUM•TOKEN) (LIQUIDIUM) Price

LIQ (LIQUIDIUM•TOKEN) is the Bitcoin Runes token that governs Liquidium.WTF. Liquidium.WTF is a Bitcoin-native asset lending protocol: users can borrow and lend BTC using assets such as Ordinals, Runes, or BRC-20 tokens as collateral; LIQ is used for its governance and token-incentive system.

Staking LIQ provides sLIQ (STAKED•LIQUIDIUM), a separate Runes liquid-staking token representing the staked position rather than the same token as LIQ. While holding sLIQ, holders may still transfer or use it in the Liquidium ecosystem; therefore, holding LIQ and holding sLIQ representing a staked position should be understood separately. Rewards are not reflected by a continuously increasing number of sLIQ tokens. The protocol uses 30% of Liquidium.WTF and Liquidium.Fi fees to buy back LIQ from the open market daily and deposit it into the staking pool; when the LIQ in the pool increases while the quantity of sLIQ remains unchanged, the LIQ represented by each sLIQ increases, and the sLIQ-to-LIQ exchange rate therefore rises. New participants stake at the prevailing exchange rate, preventing existing positions from being diluted at the former 1:1 rate.

For redemption, a holder first submits a request to exchange sLIQ back for LIQ and must then undergo a 7-day cooldown period. Only after the cooldown ends can the holder redeem the LIQ represented by their sLIQ together with accumulated rewards. This waiting phase means that sLIQ being tradable does not mean that redeeming LIQ through the protocol can be completed immediately.

The LIQ community governs Liquidium.WTF. Official documentation also states that, for governance voting rights and eligibility for protocol fee rebates, sLIQ receives the same treatment as LIQ based on its corresponding LIQ value. Therefore, staking and receiving sLIQ does not inherently forfeit the related governance and rebate attributes; however, the amount of LIQ represented by sLIQ changes with the exchange rate as rewards accumulate.

The total supply of LIQ is 100 million tokens; the genesis airdrop allocated 10 million tokens, or 10% of total supply. In that airdrop, 7 million tokens were allocated to protocol users and 3 million tokens to designated Ordinal communities. Protocol users with more than 1,000 points first received 400 tokens each, with the remainder allocated in proportion to points after deducting 1,000 points; users with fewer than 1,000 points but at least 1 point each received a fixed 200 tokens.