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FL is Freeliquid’s governance token based on the Ethereum blockchain. FL is used for making many important decisions about the Protocol operation, including: * Adding new types of collaterals to the platform * Changing the interest rate charged for the loans * Earning additional USDFL through FL buybacks * and many others

The Freeliquid Protocol is a decentralized lending platform that offers loans to liquidity providers. The main advantage of Freeliquid is the support of liquidity stablecoin pools as collaterals for borrowing. Users can lock their liquidity provider tokens through the smart contract of the Freeliquid Protocol and borrow up to 90% of the initial pool value.