CryptoCurrencies
17962
Exchanges
500
Total Market Cap
4,120,065,851,341
Volume 24h
262,292,933,586
Dominance
BTC 56.34%   ETH 11.45%   XRP 4.80%   USDT 3.99%

Liquity
LQTY

0.9989
$
7.17 %
Change 24h
Market Cap
$ 97,574,554
Volume 24h
$ 25,450,704
Circulating Supply
97,630,869
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.