Liquity USD lusd
Market Data
Price
$ 1.03
Volume
$ 6,696,195.00
Volume / Market Cap
0.0383
Supply
Circulating Supply
169,598,325.26
Total Supply
169,598,325.26
Valuation
Market Cap
$ 174,745,618.00
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.
Liquity USD (lusd) Price Chart
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News about Liquity USD
LUSD’s Token Jumps, RAI’s Rises 50%
trustnodes.com • 2 months ago
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