Liquity

Liquity

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Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.

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About Liquity

Liquity is a decentralized borrowing protocol that allows users to take out 0% interest loans against their ETH collateral, receiving LUSD stablecoins in return.

It is important in crypto because it offers a capital-efficient and cost-effective way to access leverage against ETH. It has unique features like its interest rates, minimum collateral ratio of 110%, and governance-free nature.

Overall, Liquity is among the most decentralized and censorship-resistant stablecoin projects.





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