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Liquity is now listed on Cryptology!

December 18, 2023
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Buy, sell and trade LQTY

📈 Spot trading of LQTY/USDT is live


What is Liquity?

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Liquity is an Ethereum based borrowing protocol. 

Bring more utility to your ETH tokens as you use them to borrow stablecoins from the Liquity platform.

Users borrowing on Liquity can enjoy zero percent interest loans for their own LUSD. This is backed against the United States dollar and can be added to the liquidity pools to earn additional rewards.

Liquity has an efficient liquidation mechanism that is a 110% Collateral Ratio. This allows you to get the best liquidity rates for their ETH.

Whilst of course decentralized, this platform is not governed by any specific body. Instead it is ran by algorithms and is fully automated rather than giving responsibilities to other users and developers.

If you wish to borrow from Liquity you do so from a Liquity Frontend. Each Frontend has a Kickback rate. This rate effects the amount of rewards liquidity providers receive compared to the frontend. 

There are a number of Frontends to choose from, or you can add your own via the dashboard!

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The Liquity token

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The native token of Liquity is LQTY token. 

You can earn LQTY token in a number of ways including: 

  • Depositing LUSD into the Stability Pool. 
  • Facilitating Stability Pool deposits through your frontend. 
  • Providing liquidity to the LUSD:ETH Uniswap pool. 

You can also stake LQTY token. Doing so earns you fees generated by loan issuance and LUSD redemptions.

Staking LQTY is flexible, allowing you to withdraw funds as and when you please. 

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Tokenomics:

The LQTY token is distributed like so:

  • 33.9% - Investors
  • 33.3% - Community
  • 23.7% - Team and Advisors
  • 6.1% - Liquity AG Endowment
  • 2% - Community Reserve
  • 1% - Service Providers

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LQTY’s market stats:

  • Current market cap: $23,027,280
  • Circulating supply: 94,601,609 LQTY
  • Max supply: 100,000,000 LQTY
  • Twitter: 52,238 followers 

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Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Cryptology will make its best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, Cryptology adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.