Liquidify: Bringing Liquidity to Long-Tail Crypto Assets

Liquidify is a decentralized smart contract protocol designed to improve the liquidity and growth potential when it comes to long-tail crypto assets investing by using a mechanism inspired by traditional finance to operate with non-performing loans.

By using the protocol, holders of long-tail crypto-assets can easily collateralize them by using Liquidify asset pools which are then synthesized by the liquidity accelerator into a fixed amount of tokens: Liquidity Accelerator Tokens (LAT) and Liquidify Tokens (LFY).

Original Source