What is Liquity (LQTY)?

Liquity (LQTY) is a decentralized borrowing and stablecoin protocol that operates on the Ethereum network.

What are the risks associated with transferring Liquity (LQTY)?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets.

How can I verify the acquisition of Liquity (LQTY)?

Verify the asset name, network, and contract details before transferring. Ensure you understand the custody method.

Where can I find official resources for Liquity (LQTY)?

Official resources for Liquity can be found on their website at https://www.liquity.org/ and their documentation at https://docs.liquity.org/.

Liquity (LQTY)

Rank #647

Market snapshot

Price: $0.198321
Market cap: $19.1M
24h volume: $2.2M
Circulating supply: 96,267,198.5321
Total supply: 100,000,000
Max supply: 100,000,000

What is Liquity?

Liquity is a decentralized borrowing and stablecoin protocol that builds on the success of its first version. It allows users to borrow against their Ethereum assets while maintaining a stablecoin that is pegged to the US dollar. Liquity aims to provide a simple and efficient way for users to access liquidity without the need for intermediaries.

Key information

Symbol: LQTY
CMC rank: #647
Network / platforms: Ethereum
Categories: N/A
Date added: Oct 16, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Ethereum
0x6DEA81C8171D0bA574754EF6F8b412F2Ed88c54D

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Liquity (LQTY)?: Liquity (LQTY) is a decentralized borrowing and stablecoin protocol that operates on the Ethereum network.
What are the risks associated with transferring Liquity (LQTY)?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets.
How can I verify the acquisition of Liquity (LQTY)?: Verify the asset name, network, and contract details before transferring. Ensure you understand the custody method.
Where can I find official resources for Liquity (LQTY)?: Official resources for Liquity can be found on their website at https://www.liquity.org/ and their documentation at https://docs.liquity.org/.

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