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Liquity
Liquity is a decentralized borrowing protocol offering 0% interest loans against Ether as collateral.
Zurich, CH
Description
Liquity is a decentralized borrowing protocol that allows users to draw 0% interest loans against Ether used as collateral, paid out in LUSD - a USD pegged stablecoin. It requires a minimum collateral ratio of only 110%. The protocol is non-custodial, immutable, and governance-free, offering features like direct redeemability of LUSD for the underlying collateral and resistance to censorship.Grant Funding
VC Funding
OP
2021
$263K
$6M