Liquity Protocol attracts $1B TVL in just 10 days
Cointelegraph
Published Apr 16, 2021 12:43AM ET
Updated Apr 17, 2021 02:20AM ET
The team behind Liquity Protocol — a DeFi project launched on April 5 — has attracted $1 billion worth of locked up value according to data from Dune Analytics.
The Pantera Capital-backed Liquity is a Swiss-based decentralized and governance-free lending protocol that offers interest-free loans against Ethereum locked as collateral, with users required to maintain a minimum collateral ratio of 110%.
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Written By: Cointelegraph
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