IQ Protocol Airdrop Review: Decentralized Multichain Money Market

About IQ Protocol Airdrop

IQ Protocol Airdrop is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility while allowing holders to earn by providing liquidity without risk.

IQ Protocol is airdropping a total of 400 USDT to 7 winners who get the most referrals to their Discord channel. Join their Discord channel, and invite friends to the Spanish, Russian, Vietnamese Chinese, French or Turkish communities to win up to 150 USDT.

Decentralized Multichain Money Market for

NFT Renting

Rent non-fungible tokens including in-game assets, collectibles, art, financial NFTs and more for a certain time to use in gaming, social media and any other applications

Fungible Token Renting

Rent fungible tokens for their utility including access to products, features, content, memberships discounts, voting power or any other rights those tokens provide

Blockchain Subscriptions

Rent tokens to subscribe to software, media, entertainment or other services just as easily as purchasing a token from a contract in a trustless decentralized way

For Holders

Earn auto-compounding variable interest on your digital assets by staking in IQ Renting Pools

No default risk

The rented assets are wrapped expirable versions and thus they are not spendable. The originals, be it fungible or non-fungible, remain in IQ smart contracts

No impermanent loss

By providing liquidity in an IQ Renting Pool, you are staking a single asset. Twice less capital locked without any impermanent loss

No fixed term

As long as there is enough liquidity in the pool, you can withdraw your staked assets at any point of time along with rewards earned

Non-Inflationary

IQ Protocol is built to be non-inflationary and the funds received for staking, are the funds paid in fees, thus creating a sustainable circular economy for a projects tokenomics.

For Users

Rent expirable versions of digital assets for their utility without locking up capital or exposing yourself to volatility.

No collateral

Since the rented assets are only usable for the utilities they provide, they are not spendable and require no collateral

Access services and products

Want to access products and utilities that require holding volatile and capital intensive tokens? Just pay a small fee to rent them

Secondary market

Finished using the rented assets and still have time until they expire? Resell them on a marketplace. 

For Project

Upgrade your tokenomics

Align the interests of both token holders and utility users by tying the demand for the product to the demand for the token

Incentivize token holders

Token holders who are not interested in the utility of the assets can stake them in IQ Renting Pools to earn passive rewards

Implement blockchain subscriptions

Use IQ SDK to build a subscription economy for your product which requires users to rent tokens to subscribe to services.

NFT

NFTInfrastructure for renting wrapped expirable versions of Non-Fungible Tokens without any risk or collateral

For NFT Holders

NFTs are no longer just capital, they can provide passive income via IQ Rental Contracts

For NFT Users

The ability to rent NFTs to use for gaming, Play-to-Earn, gated access or in any other ways

For Projects

GameFi, NFT marketplaces, social and creator platforms can easily integrate IQ for NFT renting.