CryptoCurrencies
900
 Total Market Cap
8,399,900,172
 Volume 24h
1,600,987,626
 Dominance
TIA 20.16%   WLD 13.31%   METH 8.40%   KLAY 8.13%

Liquity USD
LUSD

1.004
$
0.02 %
Change 24h
Market Cap
$ 44,104,400
Volume 24h
$ 227,203
Circulating Supply
43,909,700
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.