$LQTY Price Goes Up by 20.06% Over Last 24 Hours

$LQTY Price Goes Up by 20.06% Over Last 24 Hours

According to TokenInsight data, the Liquity ($LQTY) price went up by 20.06% over the last 24 hours, trading at $2.3953 now. 

Liquity is a decentralized borrowing protocol that allows users to take out interest-free loans using $ETH as collateral. The loans are paid out in $LUSD, a USD pegged stablecoin, and are secured by a stability pool and fellow borrowers as guarantors. $LQTY is the utility token for functions such as staking and liquidity mining.

Source

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DeFi

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