Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases Source
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Liquitys
Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
While LUSD is meant to retain its dollar peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and a market capitalization of $314 million, per CoinGecko, captures the fee revenue generated by the Liquity protocol, which are then paid out to
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Liquity’s Token Leaps on Binance Listing
Coinbase (COIN) will suspend trading of binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S.-based cryptocurrency exchange announced in a tweet Monday. “Our determination to suspend trading for BUSD is based on our own internal monitoring and review processes,” a spokesperson told CryptoX.
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Interest-Free Stablecoin Lender Liquity’s LQTY Token Surges 45% as Regulator Goes After Paxos’ BUSD
The protocol runs a two-token model like MakerDAO. The difference, however, is that Liquity doesn't have a governance system. Therefore, large holders of LQTY cannot influence decision-making. The fully-decentralized setup also means the protocol's original design cannot be altered to introduce centralized stablecoins, which have recently come under regulatory scrutiny,
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