LQTY-LiquityDetailed Description

LQTY-Liquity Detailed Description

Liquity is a decentralized lending protocol, users can use Ethereum as collateral to withdraw loans with 0 interest. LQTY is a secondary token issued by the Liquity protocol. It captures fee income generated by the system and incentivizes early adopters and front-end operators.
LQTY rewards will only accrue to Stability Providers - i.e. users who deposit LUSD to the Stability Pool, front-end operators facilitating these deposits, and liquidity providers of the LUSD:ETH Uniswap pool.