LUSD Liquity USD Rank #662
LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. 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 and need to maintain a minimum collateral ratio of only 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. Liquity as a protocol is non-custodial, immutable, and governance-free.
Liquity USD (LUSD) yet to make Zipp headlines
When Zipp's editorial pipeline picks up a Liquity USD story, it lands here first. Until then, here are three useful paths:
Liquity USD (LUSD) — FAQ
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What is Liquity USD?
LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol.
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What kind of project is Liquity USD?
Liquity USD (LUSD) is categorised as: Stablecoins, Decentralized Finance (DeFi), USD Stablecoin.
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Where is Liquity USD's official website?
The official Liquity USD site is https://www.liquity.org/.