Loading...
LUSD is the USD-backed stablecoin that’s used to settle loan payouts on the Liquity protocol. Liquity is a decentralized borrowing system where you can borrow without interest by locking Ether as collateral. When you take a loan, it’s issued in LUSD (a USD pegged stablecoin), and you must keep a minimum collateral ratio of 110%. Beyond your collateral, lending is supported by a Stability Pool made up of LUSD, along with other borrowers who collectively serve as guarantors of last resort. You can explore how these components work in the documentation. As a protocol, Liquity is non-custodial, immutable, and governance-free.
Liquity’s key advantages:
0% interest rate - borrowers don’t have to track debt that grows over time110% minimum collateral ratio - helps make more efficient use of the deposited ETHGovernance free - execution is algorithmic and automated, with protocol settings determined when the smart contracts are deployedRedeemable at any time - LUSD can be exchanged at face value for the corresponding underlying collateralFully decentralized - Liquity contracts don’t have admin keys and can be reached through various interfaces run by different Frontend Operators, supporting resistance to censorship.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|