TopShelf Finance is a fork of the liquidity protocol based on Ethereum. TopShelf is a decentralized lending protocol that allows users to take out interest-free loans against collateral. Loans are paid out in synthetic tokens (eg USDL, BNBL, FTML) and need to maintain a minimum collateralization ratio of 110%. TopShelf Finance is non-custodial, immutable and governance-free.
LIQR is Topshelf's native protocol token. It serves as an incentive for early adopters of the protocol to encourage healthy liquidity within the system and associated decentralized exchanges.
LIQR is a revenue sharing token. 100% of the fees generated by the agreement are distributed pro rata to holders of LIQR. Since Topshelf is immutable and governanceless, holding LIQR has no governance rights.