Today's linSpirit price is $0.019555, which is down 94% over the last 12 months. linSpirit's market cap is unknown. 1 year LINSPIRIT volume is $47.77M. It has a market cap rank of 7874. linSpirit is traded on exchanges. linSpirit had an all-time high of $0.333244 4 months ago. Over the last year, linSpirit has had 0% transparent volume and has been trading on 17 active markets with its highest volume trading pairs being .
LiquidSpirit is a wrapped version of inSPIRIT. It is designed to unlock holder’s position by opening up a whole new market for linSPIRIT, while still being able to enjoy weekly volume based fees from inSPIRIT.
Users can then swap their SPIRIT for linSPIRIT at a 1:1 ratio using our LiquidSwapper. In order to trade their linSPIRIT back to SPIRIT, users will need to use a DEX, such as SpiritSwap.
When users swap SPIRIT for linSPIRIT, we lock the SPIRIT forever on a weekly basis. We then use the inSPIRIT received to boost yields for the SPIRIT-FTM, wETH-FTM and wBTC-FTM pairs, increasing yields for xLQDR holders.
Previous experiments have shown that this strategy can be a massive success. Convex’s cvxCRV alone has attracted a market cap of over 300 million USD. Although users seem to accept the peg for products like these, it is ultimately market forces that control the price.