Swell is proud to support the launch of new Bunni liquid locker: Liquis.
Liquis: Scaling Bunni
Bunni made it easier than ever for Swell to attract concentrated liquidity on Uniswap v3, and wETH/swETH is now regularly one of the leading pools on Bunni.
Liquis serves as the next phase in Bunni’s evolution. As a liquid wrapper for veLIT, it will provide swETH liquidity providers with boosted oLIT emissions without them needing to hold veLIT themselves. For users who want to maintain veLIT exposure, Liquis further provides the secondary liquidity and DeFi composability needed to maximize capital efficiency. And that’s all before taking the additional Liquis emissions into account.
Once live, users will simply need to stake their Bunni range tokens from the wETH/swETH or GRAI/swETH pools with Liquis to participate.
The Liquis Launch Partner Program
Liquis is launching its solution with the backing of established participants in the Bunni ecosystem. The team has reserved 10% of its governance token supply for other DeFi projects willing to support the initial deployment of its protocol. Launch partners can contribute capital in various ways, each of which reinforces Liquis's position as the premier portal for interacting with Bunni.
Launch partners can commit capital in any combination of three ways:
— Liquis (@Liquisfi) July 27, 2023
🪙 Mint $liqLIT
💁 Subsidize #vlLIQ
🛡️ Contribute to our @immunefi bounty
To be clear: this is not a fundraise.
Swell is excited to be a part of this initiative and looks forward to actively participating in Liquis's governance in the future.