Liquity USD is a decentralized stablecoin platform built upon the robust Ethereum blockchain. It allows users to borrow against their ETH and staked ETH at user-determined interest rates, providing a unique mechanism for unlocking liquidity. Liquity's V2, which is currently live on the Sepolia Testnet with a mainnet launch impending, showcases its commitment to user control, enabling borrowers to fix and adjust interest rates as needed.
A standout feature of Liquity is its 'BOLD' stablecoin model that operates with 100% on-chain collateral and offers substantial borrowing capabilities of up to 91% loan-to-value (LTV). This robust mechanism is also designed to return protocol revenues to stakers, establishing a sustainable financial model. Additionally, Liquity emphasizes immutability, ensuring that users' assets are safeguarded against any administrative changes or governance risks.