What is Liquity?Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.
Loans are paid out in LUSD - a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%.
BenefitsLiquity offers the best borrowing conditions on the market with the main benefits being:- 0% interest rate
- A collateral ratio of just 110%
- Governance free - all operations are algorithmic and fully automated - Directly redeemable - LUSD can be redeemed at face value for the underlying collateral, always and at any time
- Censorship resistant - the protocol is controlled by nobody