Liquity
LQTY
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Price
1.63 USD
% Change
1.07%
Market Cap
158M USD
Volume
39.6M USD
Circulating Supply
96.8M
Liquity (LQTY) Feed: Events, News & Roadmap
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What is Liquity?
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.