LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 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.
Liquity as a protocol is non-custodial, immutable, and governance-free.
Where is Liquity USD available for purchase?
You can exchange LUSD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Liquity USD is Curve (Ethereum), notably the LUSD/3CRV pair, which saw a trading volume of $ 204,010 in the past day. Additionally, Uniswap V3 (Ethereum) and Maverick Protocol V1 (zkSync) are popular alternatives for trading tokens.
What is the highest value Liquity USD (LUSD) has ever reached?
Liquity USD (LUSD) reached its peak price at 1.16 $ on 05 April 2021, approximately 4 years ago ago. Presently, the current price is -13.62% lower than this all-time high.
What is the historical minimum price for Liquity USD (LUSD)?
The minimum price reached for Liquity USD (LUSD) was 0.8967 $, documented on 27 January 2022, more than 4 years ago. In comparison, the current price is 11.74%, it above this historical low.
What is the fully diluted valuation of Liquity USD (LUSD)?
The fully diluted valuation (FDV) of Liquity USD (LUSD) stands at $ 39,38 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of LUSD tokens. The realization of this FDV might take several years depending on the emission schedule of LUSD tokens.
How to add Liquity USD (LUSD) to MetaMask?
By integrating Liquity USD (LUSD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import LUSD as a token. You can either manually import LUSD by copying its contract address (0x5f98805a4e8be255a32880fdec7f6728c6568ba0) or use MetaMask's Chrome extension to add LUSD with a single click through P.CASH.
How to add Liquity USD (LUSD) to TrustWallet?
Incorporating Liquity USD (LUSD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include LUSD, you can either manually import it using the contract address (0x5f98805a4e8be255a32880fdec7f6728c6568ba0) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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