Review on Proof Of Liquidity by Mehemmed Akberov
About a protocol system
We know some protocols like PoS, PoW. Today I will talk about less known one, PoL (Proof of Liquidity).
Having much or little liquidity in marketplace affects the value of the crypto money. In this sense, this platform offers a liquiduty growing tool that works with making liquidity tests, not betting on conventional tokens.
This tool also helps to regulate the value in a stable point. It means this platform reduces the volatility.
It also controls the liquidity imbalance in the marketplace. As it provides you with stablity, we can say it estranges the inflation
The currency, POL-X token connects the ecosystem with various nodes.
Pros
- Increases liquidity
- Reduces chance of inflation
Cons
- Bad UI of Website
