CryptoCurrencies
17625
 Exchanges
500
 Total Market Cap
4,063,372,866,725
 Volume 24h
501,076,506,203
 Dominance
BTC 57.66%   ETH 10.51%   XRP 4.92%   USDT 3.96%

Liquity
LQTY

1.320
$
3.52 %
Change 24h
Market Cap
$ 129,466,734
Volume 24h
$ 37,342,877
Circulating Supply
97,592,925
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.