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Liquity(LQTY)

LQTY#822
$0.229549+6.99% (24h)

LQTY Live Chart

24h Change+6.99%
7d Change+8.02%
Market Cap$22,701,949
24h Volume$2,102,057
24h High$0.22949
24h Low$0.210969
Circulating Supply98,834,384 LQTY

Overview

LQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.

Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 110%.

In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort.

Liquity as a protocol is non-custodial, immutable, and governance-free.

Basic Info

CategoriesDecentralized Finance (DeFi)Arbitrum EcosystemEthereum EcosystemAlameda Research PortfolioPantera Capital Portfolio

Where to Buy โ€” Global Exchanges

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