LQTY
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#LQTY
Liquity operates as a decentralized lending platform that utilizes ETH as collateral and provides loans in the form of LUSD, a stablecoin. The platform's utility token, #LQTY , is used for staking and liquidity mining functionalities. Avaliable on #Binance #crypto2023
Liquity operates as a decentralized lending platform that utilizes ETH as collateral and provides loans in the form of LUSD, a stablecoin. The platform's utility token, #LQTY , is used for staking and liquidity mining functionalities. Avaliable on #Binance #crypto2023
#LQTY all targets destroyed, it was also posted as a free signal here . Congratulations to those that took the trade!
$LQTY #LQTY
What i told ? Narrative is money 💰
Binance just launched $LUSD stables of LQTY and smart traders bought LQTY and make 40-50% profit in 24 HOuR 🔥🔥🚀
🫡 @KalababaS for LQTY ;We will share more info on #Binancefeed so make sure you on your notifications 🔔
What i told ? Narrative is money 💰
Binance just launched $LUSD stables of LQTY and smart traders bought LQTY and make 40-50% profit in 24 HOuR 🔥🔥🚀
🫡 @KalababaS for LQTY ;We will share more info on #Binancefeed so make sure you on your notifications 🔔
⚡ #Liquity #LQTY will be listed on Binance today
#Binance will list Liquity $LQTY in the #InnovationZone and will open trading for LQTY/BTC and LQTY/USDT trading pairs today, on February 28th, at 11:00 AM UTC. Liquity is a #decentralized borrowing platform.
#Binance will list Liquity $LQTY in the #InnovationZone and will open trading for LQTY/BTC and LQTY/USDT trading pairs today, on February 28th, at 11:00 AM UTC. Liquity is a #decentralized borrowing platform.
What is LQTY?
LQTY is the native token of the Liquity protocol, which is a decentralized borrowing and lending platform built on the Ethereum blockchain. Liquity aims to provide a stablecoin alternative to traditional centralized lending platforms by using a novel collateralization model.
Unlike traditional lending platforms that require borrowers to put up a specific amount of collateral to receive a loan, Liquity allows borrowers to borrow against their existing crypto holdings, such as Ethereum (ETH). This is achieved through a process called "staking," where borrowers deposit their collateral into the Liquity protocol and receive a corresponding amount of Liquity stablecoin, which is pegged to the value of the US dollar.
LQTY is used as the governance token for the Liquity protocol. Token holders are able to participate in the governance process by voting on proposals for changes to the protocol, such as changes to the collateralization ratio or the addition of new collateral assets. In addition, LQTY holders can stake their tokens to earn rewards in the form of additional LQTY tokens.
One of the key advantages of the Liquity protocol is its low collateralization ratio, which allows borrowers to borrow a larger amount of stablecoin relative to the value of their collateral. This is achieved through the use of a "Stability Pool," which automatically absorbs any liquidated collateral and uses it to maintain the value of the stablecoin.
Another advantage of the Liquity protocol is its low fees, which are significantly lower than traditional centralized lending platforms. This is due to the fact that the platform is built on the Ethereum blockchain, which allows for low-cost and efficient transactions.
Overall, LQTY and the Liquity protocol offer a unique approach to decentralized borrowing and lending, with a focus on stability, efficiency, and low fees. As the decentralized finance (DeFi) space continues to grow and evolve, it will be interesting to see how Liquity and other similar platforms will continue to disrupt traditional lending and finance models.
#LQTY #Binance #crypto2023 #BTC #dyor
Unlike traditional lending platforms that require borrowers to put up a specific amount of collateral to receive a loan, Liquity allows borrowers to borrow against their existing crypto holdings, such as Ethereum (ETH). This is achieved through a process called "staking," where borrowers deposit their collateral into the Liquity protocol and receive a corresponding amount of Liquity stablecoin, which is pegged to the value of the US dollar.
LQTY is used as the governance token for the Liquity protocol. Token holders are able to participate in the governance process by voting on proposals for changes to the protocol, such as changes to the collateralization ratio or the addition of new collateral assets. In addition, LQTY holders can stake their tokens to earn rewards in the form of additional LQTY tokens.
One of the key advantages of the Liquity protocol is its low collateralization ratio, which allows borrowers to borrow a larger amount of stablecoin relative to the value of their collateral. This is achieved through the use of a "Stability Pool," which automatically absorbs any liquidated collateral and uses it to maintain the value of the stablecoin.
Another advantage of the Liquity protocol is its low fees, which are significantly lower than traditional centralized lending platforms. This is due to the fact that the platform is built on the Ethereum blockchain, which allows for low-cost and efficient transactions.
Overall, LQTY and the Liquity protocol offer a unique approach to decentralized borrowing and lending, with a focus on stability, efficiency, and low fees. As the decentralized finance (DeFi) space continues to grow and evolve, it will be interesting to see how Liquity and other similar platforms will continue to disrupt traditional lending and finance models.
#LQTY #Binance #crypto2023 #BTC #dyor
Binance will list Liquity (LQTY) in the Innovation Zone and will open trading for these spot trading pairs at 2023-02-28 11:00 UTC.
#Binance #InnovationZone #LQTY #cryptotrading
#Binance #InnovationZone #LQTY #cryptotrading
#LQTYUSDT Chart:-
Exciting news for #LQTY as it hits support at $2.40-2.53 after an ascending channel.
If the support holds, we may see another rally to $3.80.
#cryptotrading #BTC #BullRun
Exciting news for #LQTY as it hits support at $2.40-2.53 after an ascending channel.
If the support holds, we may see another rally to $3.80.
#cryptotrading #BTC #BullRun
Binance is excited to announce that LQTY, GFT, and BNX have been added to Binance Convert.
Users can now trade LQTY, GFT, and BNX against BTC, USDT and any other tokens supported by Binance Convert at zero fees.
#Binance #keepbuilding
#BTC #binancepaymarketplace #LQTY
Users can now trade LQTY, GFT, and BNX against BTC, USDT and any other tokens supported by Binance Convert at zero fees.
#Binance #keepbuilding
#BTC #binancepaymarketplace #LQTY
Looks like $LQTY want to start the week strong
follow like comment share for more update 🔥
#Binance #BTC #LQTY #USDT #NationalBlockchain
follow like comment share for more update 🔥
#Binance #BTC #LQTY #USDT #NationalBlockchain
#LQTY price moves in an ascending channel. After reaching the ceiling and the decline, it has now reached the support zone of $2.40-2.53. If this support is held, we can expect another price rally to $3.80
#LQTY Coin price almost drop 23% in last 24 hourse.... and currently its almost trade near its support area at 2.55$ .
small bounce back expected from 2.45$ (below)
if you want buy with only 2% fund. for quick profite.
#lqty #Binance #crypto2023 #dyor
small bounce back expected from 2.45$ (below)
if you want buy with only 2% fund. for quick profite.
#lqty #Binance #crypto2023 #dyor
