Torque (TORQ)

Torque (TORQ) is a decentralized finance (DeFi) governance token that powers the Torque Protocol. With Torque, users can participate in the governance and decision-making processes of the protocol. By holding TORQ tokens, users have a say in shaping the Torque ecosystem’s future and its direction.

The Torque Protocol provides a range of features and services designed to optimize users’ financial opportunities. Users can track the value of their portfolio and related details, access a line of credit based on their Bitcoin or Ether collateral, destroy tokenized dollars to retrieve the underlying collateral and enjoy a savings product that offers daily compound yield. Additionally, users can create tokenized dollars backed by hyper-efficient digital assets, provide liquidity to earn a share of claimable TORQ incentives, and explore detailed analytics and resources about the Torque protocol.

Torque aims to streamline DeFi by connecting savers with cutting-edge financial opportunities. It acts as a liquidity hub, leveraging smart contracts to optimize users’ savings and generate passive wealth through automated saving strategies while maintaining ownership of their digital assets. With its decentralized governance model and a range of financial services, Torque is set to empower users and revolutionize how individuals interact with and benefit from decentralized finance.