CryptoCurrencies
12402
Exchanges
500
Total Market Cap
1,107,404,075,004
Volume 24h
126,352,238,737
Dominance
BTC 41.02%   ETH 17.64%   USDT 6.13%   USDC 3.89%

Liquity
LQTY

0.6977
$
0.38 %
Change 24h
Market Cap
$ 63,278,292
Volume 24h
$ 326,046
Circulating Supply
90,557,745
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.