Equity Details
Price & Market Data
Price: $0.247
Daily Change: -$0.0₃412 / 0.17%
Daily Range: $0.242 - $0.254
Market Cap: $24,671,453
Daily Volume: 1,558,799
About Liquity (LQTY)
Quick market take on Liquity (X:LQTY). Current price: 0.247, daily change: -$0.0₃412 / 0.17%. Market cap: 24,671,453. Performance over 1-week and 1-month.
Details
Liquity is a decentralized borrowing protocol that allows users to take out interest-free loans using Ether as collateral. The loans are paid out in a USD-pegged stablecoin called LUSD, and borrowers must maintain a minimum collateral ratio of 110%. Loans are secured by a Stability Pool containing LUSD and by fellow borrowers acting as guarantors. Liquity is a non-custodial, immutable, and governance-free protocol. LUSD can be redeemed at any time against the underlying collateral. LQTY is the secondary token issued by Liquity, capturing fee revenue and incentivizing early adopters and frontends, with a total supply cap of 100,000,000 tokens. For more information on LQTY, see LQTY Rewards and Distribution.
