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Web 3.0
Liquity（LQTY）
I. Project Introduction
Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 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. Learn more about these mechanisms in our documentation.
Liquity as a protocol is non-custodial, immutable, and governance-free.
II. Token Information
1) Basic Information
III. Related Links
Official Website: https://www.liquity.org/
Whitepaper:https://docsend.com/view/bwiczmy
Blockchain explorer:https://etherscan.io/token/0x6DEA81C8171D0bA574754EF6F8b412F2Ed88c54D
Discord chat: https://discord.gg/2up5U32
Twitter: https://twitter.com/LiquityProtocol
Discord: https://discord.gg/2up5U32
Github:https://github.com/liquity
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
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Find us on
Twitter: https://twitter.com/HuobiGlobal
Facebook: https://www.facebook.com/huobiglobalofficial/
Instagram: https://www.instagram.com/huobiglobalofficial/
Reddit: https://www.reddit.com/r/HuobiGlobal/
Medium: https://huobiglobal.medium.com/
Telegram:
https://t.me/huobiglobalofficial
HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.