CryptoCurrencies
1000
 Total Market Cap
4,921,346,057
 Volume 24h
686,988,214
 Dominance
VET 58.20%   ALT 9.66%   TOKEN 3.54%   PORTAL 3.31%

Liquity
LQTY

1.034
$
9.97 %
Change 24h
Market Cap
$ 99,033,500
Volume 24h
$ 37,941,200
Circulating Supply
95,578,800
Total Supply
100,000,000
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.