CryptoCurrencies
14927
 Total Market Cap
3,371,726,015,698
 Volume 24h
416,354,526,741
 Dominance
BTC 57.29%   ETH 11.19%   USDT 3.87%   SOL 3.42%

Liquity
LQTY

1.200
$
4.04 %
Change 24h
Market Cap
$ 116,164,362
Volume 24h
$ 65,654,483
Circulating Supply
96,772,987
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.