All trade inquiries in encrypted services:
bahrfod@protonmail.comorSignal +47 46 11 40 60
List of preferred currencies for trade: click HERE!
Liquity LQTY
LQTY
1.260
$
2.67 %
Change 24h
Market Cap
$ 121,859,291
Volume 24h
$ 47,597,974
Circulating Supply
96,802,598
Total Supply
100,000,000
LQTY
$
Description
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.