What is Uquid Coin?
Uquid Coin (UQC) is a decentralized cryptocurrency for the Ethereum ERC-20 token standard created to supplement the development of the Uquid Decentralized Finance (DeFi) Ecosystem giving token holders the option to instantly cash out their coins. Uquid provides a bridge between DeFi and Ecommerce allowing users to earn passive yield by staking or supplying assets to interest bearing lending pools using Uquid Defito Ecosystem, with support for margin and leveraged trading and DeFi swap capability. Users may also borrow assets including including platform native Defito (DTO) and Defi Shopping Stake (DSS) by locking tokens as collateral. Uquid enables users to use UQC instant access to food vouchers, pharmacy vouchers, tickets for public transportation and other real world items, allowing users to pay utility, phone and internet bills using Uquid Coin.