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Liquity USD
LUSD
Overview
Liquity USD (LUSD) is a decentralized, algorithmic stablecoin pegged to the US dollar, minted within the Liquity Protocol. It allows users to borrow against ETH collateral without recurring fees or interest, enabling efficient and permissionless access to liquidity.
Key Features
Stability
Pegged 1:1 to the US Dollar
Wide Adoption
Available on multiple blockchains
Market Information
Technical Details
Integration Projects
Liquity Protocol
Visit →The core platform where users deposit ETH as collateral to borrow LUSD and maintain collateralized debt positions known as Troves.
Liquity Stability Pool
Visit →A mechanism that absorbs liquidations and distributes rewards, ensuring the stability of the LUSD peg.
Trove System
Visit →Individual collateralized debt positions that users manage when borrowing LUSD against their ETH holdings.
LQTY Rewards
Visit →A reward mechanism for participants in the protocol, distributed in the LQTY token as incentives for providing stability.