CryptoCurrencies
13396
 Total Market Cap
911,512,446,159
 Volume 24h
146,781,354,988
 Dominance
BTC 40.74%   ETH 14.15%   USDT 7.30%   USDC 6.10%

Liquity
LQTY

1.012
$
3.94 %
Change 24h
Market Cap
$ 79,718,600
Volume 24h
$ 1,298,840
Circulating Supply
78,778,100
LQTY
$
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.