Liquity (LQTY) is a decentralized lending protocol built on Ethereum, allowing users to borrow USD-pegged stablecoins called LUSD.$LQTY
Token Information:
- Symbol: LQTY
- Type: Governance and Utility Token
- Total Supply: 100 million LQTY
- Circulating Supply: 47 million LQTY
- Market Capitalization: $140 million
Use Cases:
- Governance: Participate in voting on protocol development
- Collateral: Use LQTY as collateral for LUSD borrowing
- Rewards: Earn rewards for providing liquidity and participating in the ecosystem
- Stability: Contribute to maintaining LUSD's peg to the US dollar
Features:
- Decentralized lending and borrowing
- Stablecoin issuance (LUSD)
- Collateralized debt positions (CDPs)
- Liquidation mechanism
Exchanges and Availability:
- Available on Ethereum network
- Listed on Uniswap, SushiSwap, and other decentralized exchanges
- Compatible with MetaMask, Trust Wallet, and Ledger
Partnerships:
- Collaborations with DeFi protocols (e.g., Uniswap, Aave)
- Integrations with other stablecoin issuers
Website:
(link unavailable)
Additional Resources:
- Whitepaper: (link unavailable)
- GitHub: liquity/liquity-protocol
Recent Developments:
- Protocol launch
- LUSD stablecoin issuance
- Integration with DeFi protocols
- Continuous improvement of liquidity and stability mechanisms
Liquity aims to provide a decentralized, trustless, and stable lending solution.
Would you like more information on Liquity or its lending protocol?