LP
Liquity Protocol
Project Details
What are you building?:Liquity is an immutable 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%. In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Users borrowing against their ETH use…
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