£ 0.7884
12 hours ago
(-0.28%)
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.
Try our free Liquity USD (LUSD) portfolio tracker if you want to efficiently keep track of your LUSD and other coin/token investments.