Liquid Loans is a decentralized lending protocol on the PulseChain blockchain that allows holders of PLS (PulseChain coin) to draw 0% interest-free loans, on a timeless repayment schedule. The protocol has two native tokens – USDL and LOAN. LOAN, designed to complement the USDL stablecoin, is the secondary token issued by the protocol. It captures the fee revenue that is generated by the system and incentivizes early adopters through its distribution model. LOAN is a productive, yield producing asset which is earned by providing USDL to the stability pool in the protocol. The LOAN you receive for providing this service can be staked to earn a share of the fees paid by users of the system when borrowing or redeeming USDL. You can also purchase LOAN from the open market, and join the global community of LOAN token holders.