# PulseChain

![](https://424204022-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FJJkJr09WgXT5H1zLQa4z%2Fuploads%2FV7CnH2RT3K03MhiokdDH%2Fliquid-loans-logo-final-low-res.png?alt=media\&token=25c22e97-d68f-46ad-a879-500a4c1a2706)

### Explained (in 4-Minutes)

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**Don't miss this!**  Watch our animated explainer video here:
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### The Protocol

Liquid Loans is the first truly-decentralized lending protocol built specifically and exclusively for PulseChain. Its operations are immutable, non-custodial, and governance-free. It is a finished product with no admin keys.

The protocol was developed to allow owners of PulseChain coin (PLS) a method of extracting value from their holdings, without the need to ever sell. By locking up PLS coins and minting USDL (a USD pegged, fully backed decentralized over-collateralized stablecoin), a PLS holder can take a 0% interest-free loan against their holdings, on a timeless repayment schedule.

### Founders Vision

*“The purpose of Liquid Loans protocol is to support the creation, growth and adoption of a more secure, trustless, and decentralized financial infrastructure, that is community-owned, and brings greater stability and transparency to PulseChain.*

*The Liquid Loans development and support team are all PulseChain community members, and as a team, we aim to educate, inspire, create value, and make a difference.”*

### FAQs Video Interview

CEO Cristian and COO Dave answer 35 random questions about Liquid Loans here:

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### Connect With Us

Join our amazing community on [Telegram](https://t.me/liquidloans) and [Reddit](https://www.reddit.com/r/LiquidLoans/)

Get educated and be inspired on [YouTube](https://www.youtube.com/c/LiquidLoans) and [Twitter](https://twitter.com/liquidloansio) and [Medium](https://medium.com/@liquidloans)

Learn more about Liquid Loans on the official website: <https://liquidloans.io/>

Use the Liquid Loans yourself on the PulseChain mainnet: <https://go.liquidloans.io/>

Try Liquid Loans yourself on the PulseChain testnet: <https://testnet.liquidloans.io/>