Dear Bitunix Users,
Bitunix is extremely proud to announce a new project listing on our trading platform.Liquity will be available on Bitunix. Supported trading pair is LQTY/USDT.
Please take note of the following schedule:
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Deposits Effective Immediately (Supported Network:)
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Trading: 08:00 on March 2, 2023 (UTC)
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Withdrawal: 08:00 on March 3, 2023 (UTC)
Project Introduction
Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (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 LUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.Liquity as a protocol is non-custodial, immutable, and governance-free.
Project Name:Liquity(LQTY)
Total Supply:100,000,000 LQTY
Official Website:https://www.liquity.org/
Risk Warning: The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Bitunix attempts to screen all projects before they come to market. However, even with the best due diligence, there are still possible risks when investing. Bitunix is not liable for investment gains or losses.
Regards,
The Bitunix Team