Liquity
€0 100%
Not enough votes
Based on 0 votesWhat is Liquity all about
€124.39
€0.829034
€82,625,622
€-7,726,153 -8.55%
€697,563
71,741,822.31
100,000,000
-99.07%
+39.13%
Liquity is a non-custodial, decentralized borrowing protocol. It allows users to borrow LUSD against ETH used as collateral. LUSD is a stablecoin pegged to the USD. The loans taken on Liquity are interest-free.
The platform is fully decentralized and governance-free. It operates algorithmically and all operations are automated. Any parameters on the protocol are set the moment a contract gets deployed and cannot be changed afterward. Liquity is immutable by design, it works without the need for human intervention. Liquity has no admin key, no one can change the core rules of the protocol in any way, shape, or form.
In order to borrow LUSD from Liquity all a user needs is to connect a wallet and deposit ETH into the system, in a process called 'opening a Trove'. Drawing, or redeeming, LUSD from a Trove causes the platform to charge a one-off borrowing/withdrawing fee. This system is what makes it possible for Liquity to offer interest-free loans. In order to close a Trove, this Trove's user needs to fully repay their debt.
Liquity Stability Pool is what protects the system's solvency when a Trove gets liquidated. Whenever a Trove liquidation happens, an amount of LUSD that's equal to the amount of remaining debt of the Trove, gets burned. This way, the stability pool lowers its LUSD balance and repays the Trove's debt. To equalize the burn of LUSD, the entire Trove collateral gets transferred into the stability pool. The pool is funded by users who choose to deposit their LUSD tokens. To incentivize this behaviour, they receive early adopter rewards in the form of a different token - LQTY.
LQTY is a secondary token of the Liquity protocol. It has a maximum supply of 100 million tokens. Unlike in other similar protocols, LQTY is not a governance token, since Liquity is a governance-free platform. LQTY is awarded to Stability Providers on the platform. It also rewards liquidity providers of the LUSD:ETH pool on the popular DEX platform called Uniswap. LQTY token hat one primary use. Holders of this token can stake them in order to earn on the borrowing and withdrawal fees on Liquity.
Liquity Profit Calculator
Date of investment
Initial investment
Bought
Today's value would be
€0
LQTY Questions & Answers
What is the Liquity price today?
Current price of Liquity is at 1.15 Euro.
What is the popularity of Liquity online?
496 users engaged via Reddit, in an online discussion about Liquity in the last 48 hours. Liquity's Twitter profile currently is followed by 0 people.
Is Liquity going to cost more in half a year?
In the long run, it is very hard to predict accurately, however on the basis of our prediction we expect Liquity's price will be anywhere between €0 and €6.16 half year from now.
Is Liquity expected to increase in value in three months?
In accordance with our price prediction algorithm we expect Liquity's price is likely going to be between €0 and €5.50 in 3 months time.
What was Liquity's highest price?
The price of Liquity reached its highest point on 2021-04-05, at 124.39 Euro.
Is Liquity going to cost more in one month?
In accordance with our prediction, we suspect that the cost of Liquity is likely going to reach between €0 and €5.50 in one month time.
10 days Liquity price forecast
| Day | Price Prediction | Change |
| 2022-05-29 | €0.93983558 | -18.28% |
| 2022-05-30 | €0.7829039 | -16.7% |
| 2022-05-31 | €0.09169876 | -88.29% |
| 2022-06-01 | €0.25290802 | +175.8% |
| 2022-06-02 | €0.14232565 | -43.72% |
| 2022-06-03 | €0.0468573 | -67.08% |
| 2022-06-04 | €0.10270307 | +119.18% |
| 2022-06-05 | €0.72604992 | +606.94% |
| 2022-06-06 | €0.56911823 | -21.61% |
| 2022-06-07 | €0 | -100% |
Long term Liquity price prediction
| Month | Price Prediction | Change |
| June 22 | €0.25290802 | -78.01% |
| July 22 | €0 | -100% |
| August 22 | €0 | -NaN% |
| September 22 | €0 | -NaN% |
| October 22 | €0 | -NaN% |
| November 22 | €0 | -NaN% |
| December 22 | €0 | -NaN% |
| January 23 | €0 | -NaN% |
| February 23 | €0 | -NaN% |
| March 23 | €0 | -NaN% |
| April 23 | €0 | -NaN% |
| May 23 | €0 | -NaN% |