CryptoCurrencies
1000
 Total Market Cap
17,330,728,922
 Volume 24h
1,155,781,582
 Dominance
WSTETH 64.75%   JUPSOL 3.76%   WETH 2.23%

Liquity
LQTY

0.9131
$
6.32 %
Change 24h
Market Cap
$ 88,321,600
Volume 24h
$ 32,981,400
Circulating Supply
96,721,000
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.