Liquity
Liquity, a decentralized borrowing platform, provides interest-free loans backed by collateralized ETH.
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What is Liquity?
Liquity, established by Robert Lauko in 2019, is a protocol that operates on a non-custodial and governance-free basis. It provides users with the ability to obtain Liquity loans, which come with unique features. These loans are disbursed in LUSD, a stablecoin pegged to the USD, and are additionally secured by a stability pool and fellow borrowers who act as guarantors. For developers, Liquity offers an API that allows seamless integration of endpoints into their programs.
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