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

TokenBrice and Rick Pardoe present Chicken Bonds, providing additional context on how they work and what they achieve. They also explain the core concepts of the project, such as Yield Amplification and redemption of bTokens.
Throughout the discussion, they answer many questions from the community members participating in the call.

With Chicken Bonds we’re introducing an unprecedented concept that will enable projects/DAOs to bootstrap protocol owned liquidity (POL) for their token at no cost. We’re aiming to solve one of the biggest pain points in the industry: liquidity for DEX markets.

A novel principal-protected bonding mechanism boosts the yield for end users, enabling them to acquire newly issued Boosted Tokens (bToken) in return for their bonded tokens.

Unlike other bond products, Chicken Bonds have no maturity date and no commitment: users accrue bTokens which they can claim (Chicken In) at will, or opt to withdraw their principal at any time (Chicken Out). With this escape hatch protecting the principal, bonding is a risk-free investment (excluding smart contract risk). On the other hand, long-term holders of the bTokens will benefit by accruing a boosted yield.

Join our community 🤝
Chicken Bonds Website: https://www.chickenbonds.org/
Liquity Website: https://www.liquity.org/
Twitter:  https://twitter.com/ChickenBonds
Discord: http://discord.gg/2up5U32
Telegram: https://t.me/liquityprotocol

#ChickenBonds #Liquity #ProtocolOwnedLiquidity #Liquidity #Ethereum #DeFi #Blockchain

Chicken Bonds Introduction - Community Call

Telegram

Yesterday's community call is here https://youtu.be/EpqhQydxKXE

Yesterday's community call is here.