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Liquity USD
LUSD

About Liquity USD

LUSD is a stablecoin pegged to the USD used for settling loans within the Liquity protocol. Liquity is a decentralized borrowing platform that enables users to take interest-free loans against Ethereum used as collateral. These loans are issued in LUSD, a stablecoin maintaining a 1:1 USD peg, and require a minimum collateral ratio of 110%. In addition to collateral, loans are secured by a Stability Pool filled with LUSD and supported by other borrowers acting as a last-resort guarantors. For more details, refer to our documentation. Liquity is fully non-custodial, immutable, and operates without governance. Key advantages include zero interest rates—meaning borrowers do not accrue debt over time—minimum collateral ratio of 110%, automated protocol governance, the ability to redeem LUSD at ...

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