Article Summary, Automatically Generated By AI
Summary of Fluidity
- Fluidity is a blockchain incentive layer that rewards users for using their cryptocurrencies.
- Fluidity Money tokens (Fluid Assets) are 1-to-1 wrapped assets that expose holders to randomly paid rewards when using their cryptocurrencies.
- Rewards are paid out according to a drawing mechanism held each on-chain transaction of Fluid Assets.
- Rewards are generated by the cumulative yield generated by the underlying asset, deposited and lent on money markets.
- Yield is gained through utility, with potential for more yield received over time with increased asset utilization.
Numbers and Figures:
- 1-to-1 wrapped asset
Case Studies/
Embracing the Power of Fluidity
Fluidity is the pioneering blockchain incentive layer that incentivizes individuals for utilizing their cryptocurrencies, fostering a robust ecosystem of engaged users.
Fluidity Money tokens, also known as Fluid Assets, represent a 1:1 wrapped asset that offers holders the opportunity to receive random rewards when utilizing their cryptocurrencies. These rewards are distributed through a drawing mechanism triggered by each on-chain transaction involving Fluid Assets. The rewards are generated by the cumulative yield accrued from the underlying asset, which is deposited and lent out on money markets, thereby generating passive income.
Through Fluid Assets, yield is accrued via utility, with the frequency and extent of asset utilisation directly influencing the potential yield received over time.