Liquity (LQTY) Gets Listed on KuCoin!
03/15/2023, 18:00:19
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Liquity (LQTY) is now available on KuCoin. The supported trading pair is LQTY/USDT.
Please take note of the following schedule:
- Deposits: Effective Immediately (Supported Network: ERC-20)
- Trading: 10:00 on March 16, 2023 (UTC)
- Withdrawals: 10:00 on March 17, 2023 (UTC)
Tags: DeFi, Ethereum, Lending & Borrowing
Project Summary
| Total Supply | Market Cap | Issue Date | Issue Price |
| 100,000,000 LQTY | $334,000,000 | 2021-04-05 | - |
| Circulating Supply | 24hr CEX Volume | 24hr DEX Volume | Cryptographic Algorithm |
| 91,400,000 LQTY | $460,000,000 | $14,000,000 | - |
*key metric numbers are calculated as of March 14, 2023.
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%.
The loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is non-custodial, immutable and governance-free.
Official Website: https://www.liquity.org/
Whitepaper: https://docsend.com/view/bwiczmy
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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