CryptoCurrencies
18940
 Exchanges
500
 Total Market Cap
3,374,233,489,826
 Volume 24h
136,711,227,791
 Dominance
BTC 53.98%   ETH 11.21%   USDT 5.54%   XRP 3.76%

Liquity
LQTY

0.3994
$
3.43 %
Change 24h
Market Cap
$ 39,151,392
Volume 24h
$ 4,894,910
Circulating Supply
98,008,744
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.