CryptoCurrencies
14898
 Exchanges
500
 Total Market Cap
2,536,122,983,590
 Volume 24h
125,304,834,682
 Dominance
BTC 52.81%   ETH 15.50%   USDT 4.51%   BNB 3.52%

Liquity
LQTY

0.7995
$
4.51 %
Change 24h
Market Cap
$ 76,946,787
Volume 24h
$ 14,610,981
Circulating Supply
96,342,369
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.