CryptoCurrencies
1200
 Total Market Cap
39,787,326,300
 Volume 24h
2,948,189,561
 Dominance
XRP 50.53%   OKB 6.93%   AAVE 2.77%   KCS 2.27%

Liquity
LQTY

2.630
$
2.75 %
Change 24h
Market Cap
$ 240,226,000
Volume 24h
$ 133,285,000
Circulating Supply
91,402,100
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.