Liquity

Liquity

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Category: CDP
TVL: $322M

Liquity


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.

Funding Rounds

Funding Round: Series A
Funding Date: 30 Mar, 2021
Raised Amount: $6M

Investors