CryptoCurrencies
17514
 Exchanges
500
 Total Market Cap
3,480,374,935,758
 Volume 24h
152,119,369,151
 Dominance
BTC 61.35%   ETH 8.51%   USDT 4.50%   XRP 3.69%

Liquity
LQTY

1.510
$
6.21 %
Change 24h
Market Cap
$ 146,852,426
Volume 24h
$ 59,657,378
Circulating Supply
97,569,617
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.