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Liquity — Weekly Wrap Up #3

Liquity — Weekly Wrap Up #3

Kolten Bergeron

May 3, 2021

Welcome to the Weekly Wrap Up, a weekly series where I go over all of the highlights in the Liquity ecosystem. This issue covers the week of 4/26–5/2.

What is Liquity? Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Learn more.

This series originally started in our Discord, but after receiving community feedback we’ve decided to share it broadly. Weekly Wrap Up is a more frequent compliment to our monthly newsletter — subscribe to that here.

System Overview

  • Liquity now has 1.2M ETH locked — $3.7B as of 5/3.
  • The system’s Total Collateral Ratio (TCR) is >250% due to ETH’s recent price rise — keeping it well away from Recovery Mode.
  • There are 14 days left and ~441,506 LQTY remaining of the LUSD/ETH LP rewards on Uniswap as of this writing.
  • Find more stats here.



Resources: Website | Twitter | Discord | Github | Reddit | Liquity 中文社區