Liquid

Liquid is a crowd-sourced and incentivized bridging protocol using Layer Zero's OApp interface. Users can provide liquidity to the bridge on either side and when their liquidity is used by somebody trying to bridge, they are incentivised for providing liquidity to the protocol.

Liquid provides an alternate source of income for yield farming and helps users to de-fragment themselves across chains and get rewarded for the same. It also reduces reliance on institutional run bridges.

We made use of Layer Zero's cross-chain messaging protocol (OApp), to send messages across chains. For the MVP we used Morph and Arbitrum Sepolia testnet to deploy our contracts, and one can provide liquidity of USDT on either side and others can use that liquidity to bridge their USDT tokens.