Do you use Liquity Protocol?
What is Liquity Protocol?
Liquity is a decentralized borrowing protocol that offers interest-free liquidity against ETH as collateral. Loans are issued in LUSD — a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110% due to a novel liquidation mechanism.
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Liquity Protocol
Liquity is a decentralized borrowing protocol that offers interest-free liquidity against ETH as collateral. Loans are issued in LUSD — a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110% due to a novel liquidation mechanism.