Official Liquity Documentation
Last updated
Last updated
Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.
Liquity as a protocol is non-custodial, immutable, and governance-free.
Get an overview of the protocol here:
If you still have questions after browsing our FAQs and documentation — join our Discord!
For the Spanish version of our docs click here. For the Chinese version here.
