Liquity is a decentralized stablecoin protocol that allows users to mint stablecoin (LUSD) by depositing ETH as collateral.
LQTY is the native token of the project. The current use case for LQTY include:
The project consists of the following major components working in conjunction:
As at February 28th 2023, the total token supply of LQTY is 100,000,000. The current circulating supply is 90,937,413 (~91% of total supply).
Learn more about the token distribution of LQTY here.