Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.
LUSD is the USD-pegged stablecoin used to pay out loans on the Liquity protocol. At any time it can be redeemed against the underlying collateral at face value.
To borrow you must open a Trove and deposit a certain amount of collateral (ETH) to it and can then draw LUSD up to a collateral ratio of 110%.
Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.
Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.