CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,412,351,361,306
Volume 24h
228,811,401,043
Dominance
BTC 60.21%   ETH 8.83%   USDT 4.49%   XRP 3.62%

Liquity
LQTY

0.6972
$
10.51 %
Change 24h
Market Cap
$ 67,923,103
Volume 24h
$ 20,431,865
Circulating Supply
97,520,655
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.