Liquity

Liquity

software
★★★★4.2(346 reviews)

About

Decentralized borrowing protocol offering 0% interest loans against ETH collateral with LUSD stablecoin

Overview

Liquity is an innovative DeFi borrowing protocol on Ethereum offering interest-free loans against ETH collateral, with a fully decentralized and governance-free design that sets it apart from lending competitors.

Pros

  • +Zero interest
  • +Fully decentralized
  • +Immutable

Cons

  • -110% collateral ratio
  • -ETH-only collateral
  • -Redemption mechanism
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Details

Typesoftware

Pricing

Model

free

Platforms

web

Community

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