CryptoCurrencies
15821
 Total Market Cap
3,458,968,648,249
 Volume 24h
242,773,088,013
 Dominance
BTC 54.39%   ETH 11.38%   USDT 4.04%   XRP 3.63%

Liquity
LQTY

1.600
$
0.08 %
Change 24h
Market Cap
$ 154,839,243
Volume 24h
$ 39,244,837
Circulating Supply
96,882,628
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.