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Coin: Fua81vWLvxEU1TxjkQsJB9TgBe2qRJqsF5z1HtKGpump

LUSD Stablecoin
created by
creator
2mo ago
market cap: $2.2K

replies: 9

LUSD Stablecoin (pLUSD): Liquity USD (LUSD) is a USD-pegged stablecoin used to pay out loans on the Liquity protocol. At any time it can be redeemed against the underlying collateral at face value. To borrow, you must open a Trove and deposit a certain amount of Ethereum (ETH) as collateral, and can then draw LUSD up to a collateral ratio of 110%. Liquity protocol is a decentralized protocol that provides users with interest-free loans, secured by Ether collateral. To guarantee the loans, Liquity has created a Stability Pool with LUSD and borrowers act as guarantors for any remaining debt. At the time of writing, total value locked (TVL) on the protocol is over $642 million.

Insults, Unwanted Sexual Content & Graphic Objectification, Unwanted NSFW & Graphic Content, Violent Event Denial, Targeted Harassment and Inciting Harassment

Child sexual exploitation, grooming, physical child abuse, underage user

Encouraging, promoting, providing instructions or sharing strategies for self-harm.

Graphic Content, Gratuitous Gore, Adult Nudity & Sexual Behavior, Violent Sexual Conduct, Bestiality & Necrophilia, Media depicting a deceased individual.

Please explain why should be removed.