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LQTY

LQTY Price (LQTY)

LQTY (LQTY) is currently priced at $0.24 USD. The price has decreased 0.04% in the last 24 hours. It has a market capitalization of $23,403,180.303. Fully diluted valuation: $23,707,227.39. Circulating supply is 98,717,492.004 LQTY. Total supply is 100,000,000 LQTY.

$0.24

Stats

1 Day0.04%
1 Month0.24%
3 Months0.15%
1 Year0.72%
Market Cap$23.4M
Fully Diluted$23.7M

About LQTY

LQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. 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 and need to maintain a minimum collateral ratio of only 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.

Liquity as a protocol is non-custodial, immutable, and governance-free.