Liquity USD

$1.0461
0.00%
LUSDERC20ETH0x5f98805A4E8be255a32880FDeC7F6728C6568bA02021-04-05
LUSDERC20POL0x23001f892c0c82b79303edc9b9033cd190bb21c72021-04-30

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.