CryptoCurrencies
17171
Exchanges
500
Total Market Cap
2,894,542,018,136
Volume 24h
102,713,705,595
Dominance
BTC 57.31%   ETH 8.82%   USDT 4.93%   XRP 4.43%

Liquity
LQTY

0.7690
$
3.35 %
Change 24h
Market Cap
$ 74,629,184
Volume 24h
$ 19,463,124
Circulating Supply
97,189,097
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.