CryptoCurrencies
17547
Exchanges
500
Total Market Cap
3,514,890,953,312
Volume 24h
87,552,520,068
Dominance
BTC 61.14%   ETH 8.61%   USDT 4.51%   XRP 3.74%

Liquity
LQTY

1.180
$
1.45 %
Change 24h
Market Cap
$ 115,041,073
Volume 24h
$ 18,148,796
Circulating Supply
97,577,316
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.