Liquity is a decentralized borrowing protocol that allows its users to draw 0% interest loans against ETH that is used as collateral. The loans are then paid out in Liquity USD (LUSD), a stablecoin issued by the protocol.
LQTY is a secondary token issued by the Liquity protocol, meant to incentivize frontend operators and early adopters.
LQTY can be earned in one of three different ways:
- Depositing LUSD into the stability pool
- Facilitating stability pool deposits through the holders frontend
- Providing liquidity to the LUSD:ETH Uniswap pool.
Holders of LQTY can also stake their tokens to earn the fees generated by loan issuance.
Learn more about Liquity
Use these resources to keep up with the latest Liquity news and LQTY prices:
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