LUSD

Liquity USD

USD 0.9961

-0.41%

EUR 0.8241 • BTC 0.00002016 • ETH 0.00026049


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 0    79  
1D 7D 14D 1M 200D 1Y 2Y 5Y 10Y
-0.41%
0.27%
-1.54%
-3.05%
0.00%
0.00%
                    

Rank: 82
Market Cap: $1,548,919,647
ATH: $1.1600, 2021-04-05T14:47:52.665Z
Maximum supply: 0
Circulating supply: 1,558,093,065
Contract Address: 0x5f98805a4e8be255a32880fdec7f6728c6568ba0
Description:
LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. 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 and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, 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.




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