CryptoCurrencies
900
 Total Market Cap
24,411,826,831
 Volume 24h
2,524,694,415
 Dominance
PI 32.63%   BSC-USD 21.26%   IP 5.82%   WLD 4.19%

Liquity
LQTY

0.7212
$
3.81 %
Change 24h
Market Cap
$ 70,154,200
Volume 24h
$ 13,918,100
Circulating Supply
97,312,700
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.