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Liquity (LQTY) - USDT

Mkt. Cap.
₮ 88.26 M
Vol. 24H
LQTY 5.28 M (₮ 4.83 M)
Open 24h
₮ 0.8977
Low/High 24h
₮ 0.8705 - ₮ 0.9716

CryptoCompare Index Liquity (LQTY) - USDT Historical Price

CryptoCompare Index Liquity (LQTY) - USDT

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Whitepaper
Launch Date
2021-04-05
Max Supply
Not Applicable
Total Supply
100,000,000.00
Circulating Supply
97,459,714.64
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
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.

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