CryptoCurrencies
1000
 Total Market Cap
5,978,045,735
 Volume 24h
799,777,537
 Dominance
METH 19.45%   TIA 16.09%   WLD 10.64%   WOO 4.86%

Liquity USD
LUSD

1.001
$
0.42 %
Change 24h
Market Cap
$ 65,627,200
Volume 24h
$ 632,670
Circulating Supply
65,596,600
Total Supply
281,655,000
LUSD
$
Description
LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. 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.