CryptoCurrencies
10318
Exchanges
500
Total Market Cap
2,390,270,216,391
Volume 24h
176,489,901,966
Dominance
BTC 52.26%   ETH 15.38%   USDT 4.57%   BNB 3.53%

Liquity
LQTY

0.9983
$
0.35 %
Change 24h
Market Cap
$ 95,023,338
Volume 24h
$ 22,950,239
Circulating Supply
95,592,486
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.