CryptoCurrencies
17322
 Exchanges
500
 Total Market Cap
3,283,893,563,230
 Volume 24h
245,574,263,979
 Dominance
BTC 61.33%   ETH 8.24%   USDT 4.75%   XRP 3.63%

Liquity
LQTY

1.082
$
0.91 %
Change 24h
Market Cap
$ 105,070,093
Volume 24h
$ 31,254,969
Circulating Supply
97,549,917
Total Supply
100,000,000
LQTY
$
# Exchange Pair Price Volume 24h

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.