LIQ Protocol is an on-chain liquidation protocol that provides liquidity through its engines to manage liquidations full-time for Solana and Serum based margin/borrowing projects on the Solana network. The protocol helps to keep margin accounts balanced on different lending platforms and strengthens the Serum Ecosystem by handling liquidation events. LIQ Protocol's liquidation engine is a decentralized program that checks for overexposed accounts, prepares those accounts for liquidation, and provides funds to liquidated accounts' liabilities by receiving funds from their collateral. Users can provide liquidity to LIQ and earn fees back from the liquidator's profits by staking LP tokens. The limited governance model allows stakers to make decisions on the Liquidation Engine's process and holdings.