CryptoCurrencies
1100
 Total Market Cap
3,838,764,457
 Volume 24h
970,726,293
 Dominance
A 24.32%   NEIRO 6.11%   LGCT 5.02%   DEUSD 4.05%

Liquity
LQTY

1.400
$
7.59 %
Change 24h
Market Cap
$ 135,501,000
Volume 24h
$ 39,300,200
Circulating Supply
97,592,900
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.