What is Liquity?
The Liquity token or LQTY is the secondary token native to Liquity - a decentralized borrowing protocol. Users can stake their LQTY and earn a share of LUSD and ETH. This is done by depositing Liquity tokens into the staking contract.
Liquity protocol is powered by another native token called LUSD which is a decentralized USD-pegged stablecoin that users can borrow against ETH.
There is a max cap of 100,000,000 Liquity tokens. They have been allocated as follows:
- 33.9% - Investors;
- 33.3% - Community;
- 23.7% - Team and Advisors;
- 6.1% - Endowment;
- 2% - Community Reserve;
- 1% - Service Providers.
One of the main ways LQTY can be obtained is by sending LUSD tokens into the Stability Pool.
There is a drastic difference between the all-time high and all-time low of the LQTY price. It means that the Liquity price tends to be high in volatility.
You can have a more in-depth look at the LQTY token details such as the current Liquity price on the graph above.
What are the Main Features of Liquity?
Liquity enables users to borrow crypto in an interest-free manner. The borrowed amount comes in the form of LUSD.
As discussed in the What is Liquity section, users can make a passive income by staking LQTY. This is possible because all fees are paid out to stakers.
Liquity protocol is completely governance-free. This means that there is no central or decentralized authority making all the important decisions.
Who Developed Liquity?
The Liquity crypto project was launched on April 5th of 2021. It’s a Switzerland-based company founded by Robert Lauko who is also the Head of Research at Liquity.
Liquidity is partnered up with Polychain Capital, Pantera, Robot Ventures, AngelDAO, Beacon, Lemniscap, and many more.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
59.51K
Followers: 59,510
0.05%
Following
180
0.00%
Posts count
4,965
0.49%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
-
Subreddit type
-
Moderators
-
Currently, official Liquity (LQTY) Reddit Stats account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
-
Title
-
Currently, official Liquity (LQTY) Telegram Stats account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
62 / 100
0.00%
Ahrefs Rank
204,778
1.14%
Organic Traffic (mo.)
1,849
0.00%
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
37
Type
Organization
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
358
0.28%
Watchers
15
0.00%
Forks
341
0.00%
Language
JavaScript
Liquity hot topics
Currently, official Liquity Reddit account doesn't exist or wasn't submitted. 🔆 Submit Now
@LiquityProtocol posts