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avatar_Bravebold

LIQUITY USD

Started by Bravebold,

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LIQUITY USD
liquity-stablecoin.png

Liquity USD (LUSD) was created by Liquity, a decentralized borrowing protocol that allows you to draw 0 percent interest loans against Ether as collateral. The loans are paid out in LUSD, which is pegged to U.S. dollars, and must maintain a minimum collateral ratio of only 110 percent. The loans are also secured by a stability pool, which contains LUSD, and by fellow borrowers collectively acting as guarantors.

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Bravebold

LIQUITY USD
liquity-stablecoin.png

Liquity USD (LUSD) was created by Liquity, a decentralized borrowing protocol that allows you to draw 0 percent interest loans against Ether as collateral. The loans are paid out in LUSD, which is pegged to U.S. dollars, and must maintain a minimum collateral ratio of only 110 percent. The loans are also secured by a stability pool, which contains LUSD, and by fellow borrowers collectively acting as guarantors.
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Bravebold

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