$sLIQ: General Facts
Stake LIQ to receive sLIQ. Protocol rewards increase the LIQ backing each sLIQ over time.
$sLIQ – Quick Overview
$sLIQ is Liquidium’s liquid staking token built on the Bitcoin Runes protocol.
By staking $LIQUIDIUM•TOKEN ($LIQ) users receive STAKED•LIQUIDIUM ($sLIQ), which represents the respective staked position and grows in value compared to $LIQ as staking rewards accrue.
This lets holders earn protocol revenue in $LIQ tokens while keeping their tokens liquid, transferable, and usable across the Liquidium ecosystem.
It’s one of the first Rune-based LST (Liquid Staking Token) deployed by an up and running Bitcoin DeFi protocol — expanding the Bitcoin-native toolkit without bridges or wrapped assets.
$sLIQ – Overview
Staking traditionally involves locking tokens for yield — at the cost of flexibility.
Liquid Staking Tokens (LSTs) solve this by issuing a tradable token that represents the staked position and auto-accumulates rewards.
$sLIQ follows this reward-bearing model:
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Stake $LIQ → receive $sLIQ
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Protocol revenue (30% of fees) is used to buy back $LIQ daily and added to the staking pool
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The exchange rate of $sLIQ and $LIQ increases over time
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Late participants stake at the updated rate - ensuring fairness
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$sLIQ remains fully tradable, transferable, and usable.
$sLIQ – Key Facts
| Property | Details |
|---|---|
| Token | $STAKED•LIQUIDIUM ($sLIQ) |
| Source Token | $LIQUIDIUM•TOKEN ($LIQ) |
| Issuance Ratio | 1:1 at launch, then dynamic (reward-bearing) |
| Rewards | 30% of Liquidium fees → used to buy back $LIQ on a daily via the open market |
| Markets | Tradable on $sLIQ marketplaces such as Magic Eden, Dotswap, etc. |
| Governance | Carries same voting power as $LIQ |
| Discounts | Carries the same fee rebates/discounts as $LIQ |
$sLIQ – Mechanics
1. Stake
Deposit $LIQ → mint $sLIQ 1:1 upon launch. Then dynamic (reward-bearing)
2. Rewards Flow
Each day, 30% of protocol fees (Liquidium.WTF and Liquidium.Fi) are used to buy back $LIQ from the open market, which is deposited into the staking contract.
3. Rising Exchange Rate
As the contract’s pool of $LIQ grows and $sLIQ’s supply stays fixed, the numeric value of each $sLIQ rises.
e.g., If the pool grows 2% → next day 1 $sLIQ = 1.02 $LIQ.
4. New Stakers
New participants stake $LIQ for $sLIQ at the current rate, ensuring early stakers aren’t diluted.
5. Unstake
After a 7-day cooldown, redeem $sLIQ for your $LIQ + all accumulated rewards.
$sLIQ – Benefits
| Benefit | What It Means |
|---|---|
| Passive Yield | Earn yield without managing claims or spending Bitcoin transaction fees |
| Liquidity | $sLIQ is tradable on no-custodial runes marketplaces |
| Equal Governance & Rebates | Each $sLIQ carries the same voting power and fee‑rebate status as an equivalent amount of $LIQ |
| Bitcoin-Native | Runs on Layer 1 using Runes and PSBTs — no bridges, no wrapped assets |
$sLIQ – Important Links
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Official Link: https://stake.liquidium.org/
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Read the official blog:sLIQUIDIUM: Introducing Bitcoin’s DeFi Liquid Staking Token
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Proposal: [LIP-12 – Staking Module Launch]