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Home Crypto News

Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos

Brent Eglitis by Brent Eglitis
March 14, 2023
in Crypto News
0

While LUSD is meant to retain its dollar-peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and a market capitalization of $314 million, per CoinGecko, captures the fee revenue generated by the Liquity protocol, which are then paid out to stakers.

#Decentralized #Borrowing #Protocol #Liquitys #LQTY #Token #Soars #USDC #Chaos

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