Liquity ( LQTY )

Created by Arjun Rituraj, Modified on Fri, 13 Jun at 4:46 PM by Arjun Rituraj

Project Description

Project name: Liquity

Token Ticker Name: LQTY

Pairs: LQTY/INR, LQTY/USDT

Token Total Supply: 100,000,000

Website: https://www.liquity.org/

White Paper: https://docs.liquity.org/

Explorer: https://ethplorer.io/address/0x6dea81c8171d0ba574754ef6f8b412f2ed88c54d#

Project Introduction

LQTY is the native token of the Liquity Protocol, a decentralized borrowing platform on Ethereum. It allows users to borrow LUSD (a USD-pegged stablecoin) using ETH as collateral, with no interest, only a one-time borrowing fee, and a minimum collateral ratio of 110%.