CryptoCurrencies
10168
Exchanges
500
Total Market Cap
1,091,394,370,855
Volume 24h
102,807,725,632
Dominance
BTC 47.19%   ETH 17.73%   USDT 7.63%   BNB 2.99%

Liquity
LQTY

0.9194
$
3.06 %
Change 24h
Market Cap
$ 85,994,900
Volume 24h
$ 17,366,985
Circulating Supply
93,542,794
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.