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Liquity(LQTY) New Listing on Kucoin
LiquityKuCoin is extremely proud to announce yet another great project coming to our trading platform. Liquity (LQTY) is now available on KuCoin. The supported trading pair is LQTY/USDT.
Please take note of the following schedule:
- Deposits: Effective Immediately (Supported Network: ERC-20)
- Trading: 10:00 on March 16, 2023 (UTC)
- Withdrawals: 10:00 on March 17, 2023 (UTC)
Tags: DeFi, Ethereum, Lending & Borrowing
Project Summary
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 - a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%.
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.
Official Website: https://www.liquity.org/
Whitepaper: https://docsend.com/view/bwiczmy
