CryptoCurrencies
18466
Exchanges
500
Total Market Cap
4,038,594,734,545
Volume 24h
283,568,531,856
Dominance
BTC 53.36%   ETH 13.14%   XRP 4.17%   USDT 4.15%

Liquity
LQTY

0.7950
$
0.53 %
Change 24h
Market Cap
$ 77,514,951
Volume 24h
$ 13,910,437
Circulating Supply
97,657,988
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.