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Documentation (SDK)

Created

May 31, 2021

Type

Task 🔨

Status

Not Started

Epic

👁️

Documentation (SDK)

Priority

P1 🔥

Tasks

👁️

Documentation (SDK)

Timeline

Jun 2, 2021

Product Manager

Engineers

💡

To borrow LUSD, all you need is a wallet (e.g. MetaMask) and sufficient Ether to open a Trove and pay the gas fees. LQTY is the secondary token issued by Liquity. It captures the fee revenue that is generated by the system and incentivizes early adopters and frontends. To become a Stability Pool depositor or LQTY staker, you need to have LUSD and/or LQTY tokens. LQTY can be earned as a Stability Pool depositor. Anyone can run a frontend by using the SDK and by doing so, earn a share of the Stability Pool rewards.

Liquity | Features

Liquity is a decentralized borrowing protocol offering interest-free liquidity against collateral in Ether. By utilizing a novel liquidation mechanism and leveraging an algorithmic monetary policy it can offer unprecedented benefits for borrowers. Users can draw the stablecoin LUSD interest-free against their Ether used as collateral.

https://www.liquity.org/features

Github

liquity/beta

Liquity is a collateralized debt platform. Users can lock up Ether, and issue stablecoin tokens (LUSD) to their own Ethereum address, and subsequently transfer those tokens to any other Ethereum address. The individual collateralized debt positions are called Troves.

https://github.com/liquity/beta/blob/main/README.md

liquity/dev

Liquity is a decentralized protocol that allows Ether holders to obtain maximum liquidity against their collateral without paying interest. After locking up ETH as collateral in a smart contract and creating an individual position called a "trove", the user can get instant liquidity by minting LUSD, a USD-pegged stablecoin.

https://github.com/liquity/dev