🔴LQTY Digital Currency Project📉📈🚀
The Liquity protocol offers a range of new features that make it one of the most promising projects in the decentralized finance space so far, and it has introduced a variety of innovative improvements to programmed lending.
Loans are paid in LUSD and need to maintain a collateral ratio of at least 110%. (While other lending platforms allow loans with a minimum of 150%, 200%, and even collateral ratios of up to 750%).
In addition to the collateral, loans are secured through the stability pool.
What this means is that the collateral you deposit in the protocol only needs to be worth at least 110% of the loan you take, allowing you to leverage your collateral as much as possible.
There is no duration on your loans with Liquity. In other words, you can take out a loan indefinitely, and as long as you are not liquidated, you will never have to repay any part of your loan.