CryptoCurrencies
2100
 Total Market Cap
2,292,510,474
 Volume 24h
1,190,377,218
 Dominance
PYTH 29.63%   CHEEL 28.35%   BIGTIME 6.40%   ONG 6.22%

Liquity
LQTY

1.460
$
1.15 %
Change 24h
Market Cap
$ 137,925,000
Volume 24h
$ 15,568,300
Circulating Supply
94,479,500
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.