Pontem Liquidswap (LSD) is the governance token for Liquidswap, a decentralised exchange (DEX) developed by Pontem Network on the Aptos blockchain. Liquidswap facilitates token swaps, yield farming, staking, and participation in liquidity pools. The LSD token aligns with Pontem's mission to build scalable blockchain solutions and integrate decentralised finance (DeFi) protocols.

The LSD token is primarily used for governance within the Liquidswap protocol. Token holders can vote on protocol changes, manage the community treasury, and shape the direction of future developments. Staking LSD provides additional benefits, such as boosted rewards, through mechanisms like vote escrow (veLSD). This allows participants to strengthen their role in the ecosystem while earning incentives for their contributions.

Pontem Network, a blockchain product studio, developed Liquidswap and the LSD token. The team is led by co-founders Alejo Pinto and Boris Povod. Alejo Pinto is a graduate of the University of Pennsylvania with prior experience at BlockFi, while Boris Povod is a graduate of Platov South Russian State Polytechnic University and a blockchain technology specialist.