Liquity
CDP
Risk Rating
Good
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
What we like
Liquity is a decentralized borrowing protocol that is governance-free with fully immutable smart contracts. Loans are paid out in the LUSD stablecoin which is purely backed by ETH collateral with no centralization aspects.
What we like less
The borrowing platform is backed by a volatile asset, ETH, and exposed to low collateralized positions as users can borrow with a minimum collateral ratio of 110%.
What it means for you
Offers you an amazing way to borrow one of the most decentralized stablecoins in a highly capital efficient manner and with zero interest rate (only charges a small one-time fee).
Information
Exploit/Hacks
None
Info
Key Metrics
Risk Assessment
Good
Protocol Code Quality
Protocol Maturity
Protocol Design
Things to know about Liquity