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LiquityLQTY

Overview

What is Liquity?
Liquity is a non-custodial stablecoin protocol built on Ethereum. Liquity was founded by Robert Lauko & Rick Pardoe and launched in 2020.
How does Liquity work?
Overcollateralized borrowers deposit funds into Liquity and receive LUSD stablecoin.
Who governs Liquity?
LQTY tokenholders own & govern the protocol. They currently take all of the total borrow & redemption fees paid by borrowers (revenue). Liquity’s investors include Lemniscap, Polychain, Alameda Research, etc.
RevenueLiquity's share of the fees$100Allows overcollateralized borrowers to mint stablecoinsFeesBorrowing and redemption fees paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

On-chain sources