
PolyQuity is a decentralized borrowing protocol that allows you to draw interest-free loans against Matic used as collateral. Loans are paid out in PUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing PUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.
| Categories: | CDP , DeFi |
| On chains: | Polygon |
| Forked from | Liquity |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes | |
|---|---|---|---|---|---|
| PolyQuity TVL | $91,870 |
$91,845
0.03% |
$91,746
0.14% |
$93,045
-1.26% | |
| PolyQuity Twitter Followers | 2122 | 2122 0% | n/a | 2134 -0.56% |
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PolyQuity is PolyQuity is a decentralized borrowing protocol that allows you to draw interest-free loans against Matic used as collateral. Loans are paid out in PUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing PUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.
Yes PolyQuity has the PYQ. The token is used in PolyQuity is a decentralized borrowing protocol that allows you to draw interest-free loans against Matic used as collateral. Loans are paid out in PUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing PUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.
Yes PYQ is supported on Polygon.
PYQ token is supported by following blockchains: Polygon
PolyQuity is PolyQuity is a decentralized borrowing protocol that allows you to draw interest-free loans against Matic used as collateral. Loans are paid out in PUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing PUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.. PolyQuity's native token is PYQ. PYQ token is supported by following blockchains: Polygon.