| General information | |
|---|---|
| Global rank: | 471 |
| Name: |
Liquity USD |
| Symbol: | LUSD |
| Current coin price (PGK): | 4.15 K |
| Last hour: | arrow_upward0.020 % |
| Last 24 hours: | arrow_upward0.760 % |
| Last 7 days: | 0.010 %trending_up |
| Capitalisation (PGK): | 288 396 635.39 K |
| Volume 24h (PGK): | 216 230.35 K |
| Available supply: | 69 461 996.00 LUSD |
| Total coin supply: | -1 LUSD |
| Start date: | 2021-04-05 |
Liquity USD/Papua New Guinean Kina (LUSD/PGK) price chart
Liquity USD/Papua New Guinean Kina (LUSD/PGK) capitalisation and volume charts
Liquity is a decentralized borrowing protocol that allows users to draw interest-free 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 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.