Liquity USD is a redeemable stablecoin, pegged to the US dollar, allows you to get a loan at 0% for Ether. The stablecoin has several advantages, for example, the interest rate is 0%, and the collateral ratio is only 110%.

Liquidity USD news today, LUSD crypto latest news of token ticker

Liquity USD

LQTY is a token of a decentralized borrowing protocol that allows you to get loans at 0% per annum for Ether used as collateral. It fixes the income from the commission of the steaks on the generated by the Liquity protocol.

Liquity news today, LQTY crypto latest news of token ticker

Liquity

I view it as a tier list  

Automate what you can  - "it just works" is best form of decentralization  

Incentivize what you can't automate - rational economic actors make the system work as intended

Govern what you can't incentivize - broader distribution = more decentralized

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THE principle to live by in DeFi - prioritize automation first whenever possible ⛓️

THE principle to live by in DeFi - prioritize automation first whenever possible.