CryptoCurrencies
900
 Total Market Cap
211,586,751,094
 Volume 24h
45,848,408,181
 Dominance
USDT 54.03%   SOL 40.14%   STX 1.29%   SUI 0.94%

Liquity
LQTY

0.7698
$
0.26 %
Change 24h
Market Cap
$ 74,127,200
Volume 24h
$ 10,643,700
Circulating Supply
96,293,900
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.