Liquity

#355 Defi #936 Global Ranking #90 Ethereum

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Liquity - Defi dapp on Ethereum

About Liquity

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 in our documentation.

WEB Site:  app.liquity.fi 


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