# What is Liquorice

Liquorice aims to provide pro traders with efficient tools for managing inventory and seamless connections to top DeFi protocols like CoW, 1inch, and Uniswap X for settling trades via intents.\
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Meanwhile, Liquorice powers lending markets where liquidity providers (LPs) can stake a single token and earn returns from the system's trading and borrowing activity.

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, Bebop, 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.


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