$sLIQ - General Facts
6 min
Liquid staking overview, mechanics, benefits, and important links for sLIQ.
$sLIQ - Quick Overview
$sLIQ is Liquidium's liquid staking token built on the Bitcoin Runes protocol. By staking LIQUIDIUM•TOKEN, users receive STAKED•LIQUIDIUM, which represents the staked position and grows in value compared to $LIQ as staking rewards accrue.
This lets holders earn Liquidium.WTF protocol revenue in $LIQ tokens while keeping their tokens liquid, transferable, and usable for token-holder benefits.
$sLIQ - Overview
Liquid Staking Tokens issue a tradable token representing a staked position that auto-accumulates rewards.
- Stake $LIQ to receive $sLIQ.
- 30% of protocol fees are used to buy back $LIQ daily and add it to the staking pool.
- The exchange rate of $sLIQ to $LIQ increases over time.
- Late participants stake at the updated rate, ensuring fairness.
- $sLIQ remains fully tradable, transferable, and usable.
$sLIQ - Key Facts
| Property | Details |
|---|---|
| Token | $STAKED•LIQUIDIUM ($sLIQ) |
| Source Token | $LIQUIDIUM•TOKEN ($LIQ) |
| Issuance Ratio | 1:1 at launch, then dynamic and reward-bearing |
| Rewards | 30% of Liquidium fees used to buy back $LIQ daily on the open market |
| Markets | Tradable on $sLIQ marketplaces such as Magic Eden and Dotswap |
| Governance | Carries the same voting power as $LIQ |
| Discounts | Carries the same fee rebates and discounts as $LIQ |
$sLIQ - Mechanics
- Stake: deposit $LIQ to mint $sLIQ at the current rate.
- Rewards flow: each day, 30% of Liquidium.WTF protocol fees are used to buy back $LIQ from the open market and deposit it into the staking contract.
- Rising exchange rate: as the pool grows and $sLIQ supply stays fixed, the value of each $sLIQ rises.
- New stakers enter at the current rate, avoiding dilution of earlier stakers.
- Unstake after a 7-day cooldown to redeem $sLIQ for $LIQ plus accumulated rewards.
$sLIQ - Benefits
| Benefit | What It Means |
|---|---|
| Passive Yield | Earn yield without managing claims or spending Bitcoin transaction fees |
| Liquidity | $sLIQ is tradable on non-custodial Runes marketplaces |
| Equal Governance & Rebates | Each $sLIQ carries the same voting power and fee-rebate status as an equivalent amount of $LIQ |
| Bitcoin-Native | Runs on Layer 1 using Runes and PSBTs with no bridges and no wrapped assets |
$sLIQ - Important Links
- Official link: stake.liquidium.org
- Proposal: Liquidium governance
