LQTY
Liquity is a decentralized lending protocol that allows users to use Ethereum as collateral and withdraw loans with zero interest. LQTY is a secondary token issued by the Liquidity protocol. It can capture the fee revenue generated by the system and incentivize early adopters and front-end operators.
LQTY rewards will only accrue to stability providers – i.e. users who deposit LUSD to the stability pool, front-end operators who facilitate these deposits, and liquidity providers of the LUSD:ETH Uniswap pool.
LQTY sector attributes: stable currency
The maximum supply is 100 million, the current circulation rate is 90.97%, and the current circulation market value is 758 million.
LQTY was born in April 21. The last bull market was born in the middle and late stages, with the highest price in history of 58 dollars and the lowest price in history of 0.54 dollars (the above is from non-small accounts)
This year, Binance’s stablecoin series was launched. Almost fully circulated. At present, C Network, a mainstream exchange, will be launched in January 2022. The high point is $8.3.
If the current price is further discounted by 50-60%, it would be a good range for building a position. That will be very strong as a 30x foundation.
