The $LQT token is designed as the main utility token of the Liquidifty ecosystem and will be used for farming, paying fees inside the platform and also as a reward instrument for users. The token will be created using the Binance Smart Chain and will be capped at 50 million $LQT.
Among the functions that the $LQT possesses will be its ability to be used for buying NFTs, receiving discounts and exclusive drops. The team aims to constantly improve the deflationary mechanisms for using the token and motivate users to hold and burn their $LQT tokens. The token will also be implemented as a payment currency inside the ecosystem in the near future and holding of $LQT tokens will allow its holders to receive discounts on the purchase of NFTs.