Strengthening Institutional Readiness and Liqwid’s Financial Foundations with a Private LQ Token Sale

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Here are the final terms regarding the sale. They will be added in the final onchain vote:

I) Conversion of USD Payment Into LQ
For every USD payment made to the Liqwid DAO:

  • The USD amount is converted into LQ using the 30-day moving average price of LQ, calculated as of the payment date.
  • LQ Amount = USD Payment ÷ 30-Day Average LQ Price

Once the payment is recorded, the corresponding LQ tokens are transferred to a dedicated vesting wallet. Tokens held in this wallet cannot be staked, used for governance, or receive any programmatic rewards. They remain in this wallet until the relevant vesting tranche becomes eligible for distribution.

II) Vesting Schedule

  • The vesting period lasts 1 year from the payment date.
  • After the 1-year cliff, the total LQ amount is released in four equal tranches.
  • Each tranche is separated by 90 days.

So the distribution schedule is (Date | LQ Amount allocation per tranche):

  1. 1st Tranche: “Payment Date + 1 year” (25% of LQ Amount)
  2. 2nd Tranche: “Payment Date + 1 year + 90 days” (25% of LQ Amount)
  3. 3rd Tranche: “Payment Date + 1 year + 180 days” (25% of LQ Amount)
  4. 4th Tranche: “Payment Date + 1 year + 270 days” (25% of LQ Amount)

Each tranche releases ¼ of the total vested LQ.–

III) Example
Payment Date: X
USD Payment: $1,000,000
30-day Average LQ Price on Date X: $1.25
Conversion

  • LQ Received = 1,000,000 ÷ 1.25 = 800,000 LQ

Vesting

  • 1st Tranche (X + 1 year): 200,000 LQ
  • 2nd Tranche (X + 1 year + 90 days): 200,000 LQ
  • 3rd Tranche (X + 1 year + 180 days): 200,000 LQ
  • 4th Tranche (X + 1 year + 270 days): 200,000 LQ