|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||20th August 2022|
|Max Coin Supply||184,118,337|
Liquity USD (lusd) is a digital asset ranked as #161 in BitCourier Cryptocurrency List with market capitalisation of £158.33 M. Pound Sterling. In the last 24 hours Liquity USD's trading volume exceeded £6.37 M.
Current price - £0.8608 GBP. Exchange rate lusd to USD is $1.02 for one coin.
During the last calendar year Liquity USD price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by 4.73%. (lusd)'s peak price (All-time high) was £0.88 per coin, this point was reached on 13th July 2022 . From that moment till today Liquity USD has lost -1.91% in value.
Ratings by crypto community, developers and liquidity are 27.215, 0.000, 45.124.
Liquity USD is a lending protocol that is decentralized, immutable, non-custodial, and governance free. The protocol aims to create a capital efficient and user-friendly way of borrowing stablecoins. Liquity allows users to get zero-interest loans against Ether that are used as collateral. The loans are secured by fellow borrowers who act as guarantors, and a Stability Pool containing LUSD.
Users can benefit from the protocol by Depositing LUSD to the Stability Pool then earn liquidation gains and LQTY rewards in the process. Alternatively, they can Stake LQTY earning the revenue from both redemption fees in ETH and issuance fees in LUSD. LUSD is the native token used to pay loans on the protocol. The secondary token od the platform is LQTY that documents revenue generated by the system hence incentivizing frontends and adopters.