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Liquity Protocol entices $1Billion TVL in just Ten days

The “interest-free loans” decentralized loaning protocol nowadays has a $1 billion value of locked-up worth after it launched on April 5. The squad behind Liquity Protocol — a DeFi project hurled on April 5 — has involved $1 billion value of locked-up value rendering to statistics from Dune Analytics. The Pantera Capital-backed Liquity is a Swiss-founded decentralized & governance-free loaning protocol that proposals interest-free loans in contradiction of ETH locked as collateral, with operators mandatory to uphold the least collateral ratio of 110%. Loans are remunerated out in the protocol’s algorithmic stable coin LUSD, which is attached to the worth…

Continue Reading Liquity Protocol entices $1Billion TVL in just Ten days

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