LQTY is the utility token that powers the Liquity borrowing platform. The token does not have any governance powers. It can only be staked to earn a portion of fees generated from opening and closing loans.
LQTY is a low-cap asset that represents the blockchain`s native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Liquity, a protocol rated as Good.
LQTY has a fixed supply.