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LUSD Price Today
The live Liquity USD price today is $1.0271 with a 24-hour trading volume of $706,651.2. Liquity USD is -0.02% in the last 24 hours.The current MyToken ranking is #199,with a live market cap of $114,695,834.57. It has a circulating supply of 111,671,515 LUSD and a max supply of 154,154,355 LUSD.
What Is Liquity USD?
Liquity is a decentralized protocol that allows ethereum holders to obtain maximum liquidity without paying interest. By locking ETH in as collateral for a smart contract and creating a personal position in a "trove," users can obtain instant liquidity by mining LUSD, a stablecoin pegged to the U.S. dollar. Each trove is required to have at least 110% collateral. Any owner of LUSD may redeem its stablecoin as underlying collateral at any time. Redemption mechanisms and algorithmic adjustment fees ensure a minimum stabler value of $1.
What are some of the most popular cryptocurrencies?
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