LiqWrap is a Decentralized Liquidity protocol, which aims to bring significant transformation to the decentralized finance (DeFi) sector, particularly in the domain of liquidity pools.
LiqWrap solves the limitations that current Decentralized Liquidity projects are facing. It can be understood that the LiqWrap protocol will allocate wLP tokens to $LQW token holders. The wLP token serves as both a liquidity representative and a dividend for the distribution of ETH rewards obtained from the 3% swap tax.
At launch, all LPs are initially wrapped => wLP tokens All wLP tokens will be allocated to users when purchasing $LQW tokens on Uniswap V2. Conversely, when a user sells $LQW tokens, the wLP tokens will be transferred back to the Wrapped Liquidity Pool.