Liquity
Learn about the Liquity protocol
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Learn about the Liquity protocol
Last updated
Was this helpful?
Liquity allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD — the protocol’s native stablecoin which is pegged to the US Dollar and need to maintain a of only 110%. Also, the loans are secured by a LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is noncustodial, immutable, and governance-free.