CryptoCurrencies
18670
Exchanges
500
Total Market Cap
2,510,184,981,178
Volume 24h
173,842,863,277
Dominance
BTC 53.10%   ETH 9.48%   USDT 7.32%   BNB 3.39%

Liquity
LQTY

0.2676
$
4.47 %
Change 24h
Market Cap
$ 26,256,780
Volume 24h
$ 3,980,874
Circulating Supply
98,143,224
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.