Equity Overview
Price & Market Data
Price: $0.981
Daily Change: $0.00 / 0.00%
Range: $0.981 - $0.981
Market Cap: $42,614,110
Volume: 0
Details
Liquity is a decentralized borrowing protocol that allows users to draw interest-free 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 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.