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Liquity USD
$1.0394
0.00%
Open
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Liquity USD Price Converter
Liquity USD Information
Liquity USD Supported Platforms
| LUSD | ERC20 | ETH | 0x5f98805A4E8be255a32880FDeC7F6728C6568bA0 | 2021-04-05 |
| LUSD | ERC20 | POL | 0x23001f892c0c82b79303edc9b9033cd190bb21c7 | 2021-04-30 |
About Liquity USD
Liquity is a decentralized borrowing protocol that allows users 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.