What is Liquorice

Liquorice’s mission is to equip professional trading firms with efficient tools for inventory management and seamless connectivity to leading DeFi protocols, including 1inch and Uniswap X, when settling trades via intents.

At the same time, Liquorice fosters lending markets where liquidity providers (LPs) can stake capital on a per-asset basis and earn returns driven by the trading and borrowing activity within the system.

Liquorice introduces the following core functionality to achieve its goals:

• Intent based lending and settlement: LPs stake capital per asset, which is then utilized by connected private market makers (PMMs) to settle trades. PMMs share the rewards with LPs and retain significant flexibility over inventory management, as they can define lending parameters directly within their signed orders.

• Single point of access to core meta aggregators: By integrating with Liquorice, PMMs gain unified and simplified access to all core meta aggregators such as CoW swap, 1inch and Uniswap X. The Liquorice team partners with multiple solvers in the DeFi ecosystem and maintains the necessary off-chain and on-chain infrastructure to act as an intermediary between solvers and PMMs.