1. Liposomes are commonly used nanocarriers that can encapsulate both hydrophilic and hydrophobic drugs to improve drug solubility, stability, and targeting. 2. There are four main types of liposomal delivery systems - conventional liposomes, PEGylated liposomes, ligand-targeted liposomes, and theranostic liposomes. 3. Solid lipid nanoparticles are another drug delivery system involving a solid lipid core that can incorporate lipophilic drugs and be coated with surfactants for stability. They provide controlled release and bypass liver and spleen filtration.