CryptoCurrencies
11245
 Exchanges
500
 Total Market Cap
1,222,301,747,054
 Volume 24h
271,047,810,053
 Dominance
BTC 44.69%   ETH 17.62%   USDT 6.27%   BNB 4.38%

Liquity
LQTY

2.350
$
7.06 %
Change 24h
Market Cap
$ 214,185,557
Volume 24h
$ 130,636,415
Circulating Supply
91,427,811
Total Supply
100,000,000
LQTY
$
# Exchange Pair Price Volume 24h

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.