Starting now, wallets are open and you can begin depositing LQTY into your Poloniex account. Full trading for LQTY with a USDT pair: LQTY/USDT will be enabled later today.
Interested in our listings? Tell your friends and earn 20% on their trading fees .
What is LQTY? LQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. 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.
Deposit LQTY now and begin trading.
LQTY Stats
Price: $47.37
Market Cap: $90,589,343
24h Trading Volume: $10,623,005
Market Cap Rank: #370
24h Low / 24h High: $38.82 / $56.64
All Time High: $146.94 (April 05, 2021)
All-Time Low: $9.18 (April 05, 2021)
Circulating Supply: 1,976,534 / 100,000,000 LQTY
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was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
