Liquity is a decentralized borrowing protocol that allows you to withdraw 0% interest loans against Ether used as collateral. Loans are paid in LUSD – a stablecoin pegged to USD and need to maintain a minimum collateral ratio of only 110%.
In addition to collateral, loans are secured by the LUSD-containing Stable Compound and by co-borrowers acting as guarantors of the last resort. Learn more about these mechanisms in Liquidation.
Liquity as a protocol is unattended, immutable, and non-administrative.
Liquity offers the best loan terms in the market with the main benefits being:
Borrow LUSD against ETH by opening Trove
Secure Liquity by providing LUSD to Stability Pool in exchange for staking rewards
LQTY to earn fee revenue to pay for borrowing or exchanging LUSD Exchange 1 LUSD for 1 USD worth of ETH when LUSD closes below 1 USD
The Liquity protocol provides interest-free loans and is more capital-efficient than other borrowing systems (i.e. less collateral is required for the same loan). Instead of selling Ether for liquidity, you can use the protocol to lock up your Ether, take out a mortgage to withdraw LUSD, and then repay your loan at a future date.
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We found 5 people related to lqty-liquity, include CEO Michael Svoboda
We found 10 organizations related to Liquity has Greenfield One, Polychain Capital, IOSG Ventures, Pantera Capital, A.Capital Ventures, 1kx, Lemniscap, Nima Capital, Alameda Research, Liquity
All Time High
Fully Diluted Market Cap
But our scientists are working like crazy to get it.
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