Proposal: Add support for World Mobile Token (WMT) on Liqwid v1

Relevant links:

This is a proposal for creating a new liquidity market to support World Mobile’s WMT for lending and borrowing on Liqwid v1.

Project and Token Overview
World Mobile is building a decentralized mobile and data sharing network on Cardano using their EarthNode operators model. To learn more about their mission to connect the unconnected and their technology stack check out their website/blog. This tweet thread from the World Mobile team is a nice introductory into their process:

World Mobile Token buyback details:

WMT Market Reasoning
WMT has a strong utility use case within the World Mobile sharing economy and is directly utilized by their ErthNode operators and stakers for processing network transactions. Last month the team also unveiled an initiative to use World Mobile’s treasury to purchase World Mobile Tokens (WMT) from the open market via revenue generated following the launch of their commercial services (full details outlined in their blog post above). In addition WMT has consistently had some of the liquidity and volumes amongst all Cardano native tokens supported by a large number of token holders (currently ~25k).

With multiple centralized exchange listings and total trading volume across both DEX and CEX platforms of ~$788k the WMT is a strong candidate for listing on Liqwid v1. The Liqwid core team will utilize price feeds from the Cardano DEXs and centralized exchanges for the WMT money market.

Suggested WMT Market and Risk Parameters

The proposed WMT market parameters and resultant interest rate curve for borrowers and suppliers are as follows:
Screen Shot 2023-07-21 at 3.56.21 PM
Screen Shot 2023-07-21 at 3.58.18 PM

The proposed WMT risk parameters are as follows:
Screen Shot 2023-07-21 at 3.59.27 PM

Do you support this proposal to add a WMT lending and borrowing market on Liqwid v1?

  • Yes
  • No

0 voters


Are the risk parameters accurate here for 0%?


WMT is an excellent market to add. They have acquired Licensed Spectrum in the US, which is a highly valuable asset, adding a significant link between this ecosystem and the outside world.


A great partnership destined for greatness I CONCUR

Will there be LQ rewards for iBTC and iETH depositors? I ask.

Will it be possible to stake WRT in Liqwid by depositing the tokens in the same way as with ADA?

1 Like

14 days and 35 voters, can we move this temperature check to on-chain voting? Can’t wait to supply some WMT :slight_smile: