Liquity is a decentralized borrowing protocol that allows you 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%.

What is the main value proposition?

Liquity offers the best borrowing conditions on the market with the main benefits being a 0% interest rate, a collateral ratio of just 110%, governance-free operations, direct redeemability of LUSD at face value for the underlying collateral, and resistance to censorship as the protocol is controlled by nobody.

What problem does the token solve?

Liquity solves the problem of high interest rates and variable collateral ratios in the DeFi lending market. It provides a stablecoin, LUSD, which can be borrowed at a 0% interest rate, with a low collateral ratio of just 110%.

LUSD, the stablecoin issued by Liquity, can be used for a variety of purposes in the DeFi ecosystem. It can be used to take out loans, earn interest by depositing in the Stability Pool, and can be redeemed at face value for the underlying collateral.

Liquity is a decentralized protocol that operates on the Ethereum blockchain. It is non-custodial, immutable, and governance-free. The protocol can be accessed via third-party frontend applications and integration services.

LQTY

$0.978

Security Score

Dex Score

3.9

star rating

LQTY Price Chart

LQTY Overview

Open Source
The code is available for anyone to see.
Yes
Proxy Contract
A contract that acts on behalf of another, adding features without changing the original.
No
Mintable
New tokens can be created after the initial creation.
No
Owner Address
The digital wallet address of the current token owner.
0x4f...05d
Retrieve Ownership
Ability to take back control of the token.
No
Balance Mod
Changes to the number of tokens in someone's wallet.
No
Hidden Owner
The owner's identity is not publicly disclosed.
No
Self Destruct
Token can be programmed to disappear.
No
External Call Risk
Risk from the token interacting with outside contracts.
No

Last Checked 19 May 2024

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The current price is $0.9780104505495694 (-4.60% 24h change) with a total Marketcap of $175.1M
LQTY was minted on 05/04/2021
LQTY is an ERC-20 token on the Ethereum blockchain.