The liquidity incentive layer project Fluidity has been launched on the Ethereum mainnet, and the first batch will support stable currency assets such as USDT

The liquidity incentive layer project Fluidity has been launched on the Ethereum mainnet, and is currently launching stablecoins in the form of various liquid asset packaging tokens, including USDC, USDT, DAI, FRAX and TUSD. The minting limit of each liquid asset will be limited in the first three days At 1 million pieces, the individual casting limit of each address is 10,000 pieces; after 3 days, the total casting limit will be increased by 500,000 pieces per day within 18 days, and the individual casting limit will be increased by 5,000 pieces per day; after 21 days of launch, each liquid asset The total casting limit will reach 10 million pieces and 100,000 pieces per address; then if there is no problem, the upper limit will be lifted, and everyone can freely cast any number of liquid assets. In addition, more stablecoins and other assets will be added after confirming that everything is working as expected. Foresight News notes that Fluidity deposits the stablecoin encapsulation assets that users deposit into the agreement as Fluid Assets at a ratio of 1:1. When users use, send or receive Fluid Assets assets on the chain, they will get rewards. The rewards are provided by Fluidity in other The accumulative rate of return generated by depositing and lending these underlying assets in the money market, users can redeem the underlying assets at any time.