Waterslide is the front end provided by DFINITY for the Liquity protocol, through which users can interact with the Liqutiy protocol deployed on Ethereum. Liquity is a decentralized lending protocol that allows users to borrow at 0% interest, with a maximum pledge of 110%.

The special feature of LIquity is that there is no official website front-end. Instead, community developers develop multiple Liquity protocol front-ends to achieve decentralized services. Developers can set rebate rates to get dividends from users. At present, Liquity has been invested by Beacon Fund of Dfinity Beacon Fund.