Equity Overview
Price & Market Data
Price: $0.942
Daily Change: +$0.0318 / 3.37%
Range: $0.906 - $1.00
Market Cap: $94,208,935
Volume: 3,525,585
Details
Liquity is a decentralized borrowing protocol that allows users to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD - a USD pegged stablecoin, 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. Learn more about these mechanisms under Liquidations.Liquity as a protocol is non-custodial, immutable and governance-free.