CryptoCurrencies
900
 Total Market Cap
2,968,227,702,223
 Volume 24h
129,519,612,345
 Dominance
BTC 64.57%   ETH 11.20%   XRP 5.05%   USDT 4.80%

Liquity
LQTY

1.033
$
5.57 %
Change 24h
Market Cap
$ 100,184,000
Volume 24h
$ 37,210,200
Circulating Supply
97,025,000
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.