CryptoCurrencies
16981
 Exchanges
500
 Total Market Cap
3,440,574,693,281
 Volume 24h
255,803,642,735
 Dominance
BTC 59.47%   ETH 8.20%   USDT 4.35%   XRP 4.00%

Liquity
LQTY

0.8226
$
11.23 %
Change 24h
Market Cap
$ 80,159,399
Volume 24h
$ 44,026,028
Circulating Supply
97,433,874
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.