CryptoCurrencies
2200
 Total Market Cap
4,095,980,936
 Volume 24h
903,532,098
 Dominance
TAO 46.08%   TIA 34.34%   FTN 6.56%   NIZA 1.14%

Liquity USD
LUSD

0.9958
$
0.12 %
Change 24h
Market Cap
$ 195,013,000
Volume 24h
$ 7,036,150
Circulating Supply
195,813,000
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.