# Add support for a WMTX market on Liqwid

**URL:** <https://gov.liqwid.finance/t/add-support-for-a-wmtx-market-on-liqwid/1876>\
**Category:** New Markets\
**Created:** [July 10, 2025, 8:56am UTC](https://gov.liqwid.finance/t/add-support-for-a-wmtx-market-on-liqwid/1876 "2025-07-10T08:56:20Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![FlorianVolery](https://avatars.discourse-cdn.com/v4/letter/f/f0a364/32.png) [@FlorianVolery](https://gov.liqwid.finance/u/FlorianVolery)\
**Post date:** [July 10, 2025, 8:56am UTC](https://gov.liqwid.finance/t/add-support-for-a-wmtx-market-on-liqwid/1876/1 "2025-07-10T08:56:21Z")

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# **Summary**

This is a proposal for creating a new CNT market to support WMTX token for lending, borrowing and collateralization on the Liqwid protocol.

**Project and Token Overview**

World Mobile is building a decentralized mobile and data sharing network on Cardano using their EarthNode operators model. (Source [About Worldmobile](https://worldmobile.io/about/our-manifesto) )

**Market Reasoning**

The token has a [strong market cap](https://www.coingecko.com/en/coins/world-mobile-token) of $311 millions, high liquidity through its multiples CEX listings and the company itself has started generating revenues. (see [Ecosystem metrics](https://worldmobile.io/about/ecosystem-metrics)).

**Risk Considerations**

WMTX is a project characterized by strong market liquidity and historically low volatility. It benefits from a large, active community, a long track record, and a revenue-generating product. These factors make WMTX an ideal candidate for listing within the Liqwid protocol, positioning it as a high-quality, low-risk asset within the platform.

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# **Suggested WMTX Market Parameters**

The proposed interest rates would align with those of existing CNTs listed on Liqwid, such as **MIN** or **LQ**. For reference, see the [MIN market on Liqwid](https://v2.liqwid.finance/market/MIN).

**Interest rate market parameters:**

- BaseRate 0.00%
- utilMultiplier 3.50%
- utilmultiplierjump 20,00%
- Kink rate 80.00%

The income split is also similar to the others CNTs listed on Liqwid.  
**Income Factor:**

- **Reserve Factor: 0.0%**
- **DAO Factor: 10.0%**
- **LQ stakers: 10.0%**
- **Market suppliers: 80.0%**

The proposed WMTX risk parameters are:

- **Collateral factor (maxLTV): 59.9%**
- **Liquidation threshold: 60%**
- **Liquidation discount: 15%**

The **supply cap** for WMTX will be set to an amount equivalent to **$2 million** (based on the token price at the time of its listing on Liqwid). There will be **a 90% borrow cap**.

WMTX tokens will be enabled as **collateral** , allowing users to borrow any CNT supported assets and wanchain stablecoins on the Liqwid protocol.

WMTX can be borrowed from loan having ADA, LQ or CNT stablecoins as collateral.

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**Specification**

The Liqwid Labs developers have already completed the technical requirements to list new tokens. Following this on-chain governance vote, the team will begin WMTX integration immediately.

**Conclusion**

The Core Team recommends the adoption of this proposal and to add WMTX as a token for lending, borrowing and collateralization on Liqwid with the proposed market parameters.

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_Poll ([view on site](https://gov.liqwid.finance/t/add-support-for-a-wmtx-market-on-liqwid/1876/1))_