Liquity

  • DeFi
  • Company
  • Project
  • Lending/Borrowing

Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 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. Learn more about these mechanisms under Liquidation.

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


Name

Liquity

Description

Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.

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