Liquity V2 is currently live on ETH Sepolia Testnet. Mainnet Launch is coming soon
Liquity Raises $6M in Series A Funding
Liquity V1
Liquity V2
Robert Lauko
·
March 29, 2021
Liquity Raises $6M in Series A Funding

Today we’re excited to announce that Liquity has raised $6M In Series A funding led by Pantera Capital with follow on investments from Nima Capital, Alameda Research, Greenfield.one, IOSG, AngelDAO, and others.

We also received backing from an amazing group of angels including Bo Shen, Meltem Demirors, David Hoffmann, Calvin Liu, George Lambeth, and many more. Lastly, we’d like to thank and recognize Tomahawk.VC, 1kx, and Lemniscap for their continued support during this round.

This investment round will allow us to continue pursuing Liquity’s mission of improving access to on-chain borrowing, removing interest rates, and minimizing governance in DeFi. It also gives us the runway to expand the team and pursue opportunities to grow the Liquity ecosystem.

What is Liquity?

If you’re new here, Liquity is a decentralized borrowing protocol that offers interest-free liquidity against ETH as collateral. Loans are paid out in LUSD — a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%. By utilizing a novel liquidation mechanism and leveraging an algorithmic monetary policy it can offer unprecedented benefits for borrowers.

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