CryptoCurrencies
13096
 Exchanges
485
 Total Market Cap
894,745,720,254
 Volume 24h
65,295,471,576
 Dominance
BTC 36.75%   ETH 17.12%   USDT 7.32%   BNB 5.31%

Liquity
LQTY

0.6103
$
2.46 %
Change 24h
Market Cap
$ 54,664,107
Volume 24h
$ 336,878
Circulating Supply
89,303,178
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.