CryptoCurrencies
19385
 Exchanges
500
 Total Market Cap
3,991,987,820,569
 Volume 24h
133,302,321,104
 Dominance
BTC 54.96%   ETH 11.70%   USDT 4.60%   BNB 3.77%

Liquity
LQTY

0.5827
$
3.01 %
Change 24h
Market Cap
$ 57,076,220
Volume 24h
$ 18,021,914
Circulating Supply
97,899,155
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.