Liquity USD
LUSD

0.7226
£
0.74 %
Change 24h
Market Cap
£ 458,271,727
Volume 24h
£ 16,203,896
Circulating Supply
630,865,000
Total Supply
1,465,890,000
LUSD
£
Description
LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. 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.
We Use Cookies
By continuing to use our site, you accept our use of cookies