Comment by @kosen • Hey
$LQTY $LUSD Thread 🧵 The $USDC is back to 1$ but trust in centralized stablecoins like $USDT and $BUSD is damaged. $LUSD allows you to earn from: • Rea
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2️⃣Liquity as a DeFi protocol is: • Immutable • Non-custodial • Governance-free Besides collateral, the loans are secured by a Stability Pool. This pool contains $LUSD and other borrowers collectively acting as guarantors of last resort. How does it work?🤔
Test how the orb is used
3️⃣Use cases of Liquity: 1.Borrow $LUSD against $ETH 2. Secure Liquity by providing $LUSD to Stability Pool 3. Stake $LQTY to earn the fee revenue paid for borrowing or redeeming $LUSD 4. Redeem 1 $LUSD for 1 USD worth of $ETH when the $LUSD peg falls below null Real yield?👀
Lusd seems to be promising
Thanks for that thread, @kosen.lens