Liquity USD Achieves Market Capitalization of $70.61 Million (LUSD)

Liquity USD (LUSD) traded 0.1% lower against the US dollar during the 1-day period ending at 17:00 PM ET on October 21st. Over the last week, Liquity USD has traded 0.5% lower against the US dollar. Liquity USD has a market capitalization of $70.61 million and approximately $137,706.63 worth of Liquity USD was traded on exchanges in the last day. One Liquity USD token can currently be purchased for approximately $1.00 or 0.00001472 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 17.9% against the dollar and now trades at $0.0944 or 0.00000140 BTC.
• P2P Solutions foundation (P2PS) traded down 0.9% against the dollar and now trades at $173.47 or 0.00255718 BTC.

About Liquity USD

Liquity USD launched on April 4th, 2021. Liquity USD’s total supply is 70,732,206 tokens. The Reddit community for Liquity USD is https://reddit.com/r/liquity and the currency’s Github account can be viewed here. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. Liquity USD’s official website is www.liquity.org.

According to CryptoCompare, “Liquity is a decentralized borrowing protocol that allows users to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 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.”

Buying and Selling Liquity USD

It is usually not presently possible to purchase alternative cryptocurrencies such as Liquity USD directly using U.S. dollars. Investors seeking to acquire Liquity USD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity USD using one of the exchanges listed above.

LUSD/USD price chart by TradingView