The holding of LQTY has unknowingly increased by 6 times, yet the market capitalization is still very small, with a circulation rate of 94%. It is likely a hundredfold coin, with a minimum price of 0.488. Calculating based on 150 times, it could reach a maximum of 73.2 USD. Currently, it is at 2.747 USD, with a profit potential of 27 times, and a market capitalization reaching 7 billion USD.
Adhering to the principle of not missing the last wave of tail-end market movements, it is suggested to clear the position around 65, at the latest by November 25, 2025. You are welcome to return at that time to dig for opportunities.
Token Introduction: Liquity is a decentralized lending protocol where users can use Ether as collateral to withdraw loans at 0% interest. LQTY is the secondary token issued by the Liquity protocol. It can earn revenue from system-generated fees and incentivize early adopters and front-end operators. LQTY rewards will only accumulate for stability providers — that is, users who deposit LUSD into the stability pool, front-end operators promoting these deposits, and liquidity providers for the LUSD:ETH Uniswap pool.
Sector: DeFi Stablecoin Initial Launch Date: April 5, 2021 Total Supply: 100 million Circulation: 94.34 million Circulating Market Cap: Approximately 260 million USD Circulating Market Cap Ranking: 306 Listed Exchanges: 25
Official Community Situation: Twitter: 66,000 followers, tweeting daily. Discord: 5,146,000 members, with an average of 840 online daily.
Token Distribution and Unlocking Situation: Community: 33.33% Team and Advisors: 23.66% Service Providers: 1.04% Community Reserve: 2% Endowment: 6.06% Seed & Series A Investors: 33.91%
Unlocking Situation: 228.05 units are unlocked daily.
Project CEO and Important Executives Introduction: Michael Svoboda is the CEO of Liquity. He graduated from the University of Zurich. Richard Pardoe is the co-founder and core developer of Liquity, a software engineer for Ethereum and blockchain. He has a great interest in distributed ledger technology, tamper-proof public records, finance, and computation.
Project Financing Situation: 2020-02-24 Pre-Seed Round Amount undisclosed Tomahawk VC
2020-09-25 Seed Round 2.4 million USD Polychain*, Lemniscap, 1kx, A.Capital, Tomahawk VC, Robert Leshner, Alexander Pack
2021-03-30 Series A 6 million USD Pantera Capital*, Greenfield, IOSG Ventures, 1kx, Lemniscap, Nima Capital, AngelDAO, Tomahawk VC, Alameda Research, Shen Bo, Meltem Demirors, Calvin Liu, George Lambeth, David Hoffmann
Important Project Event Information: 2022-07-13 The decentralized lending protocol Liquity Protocol announced the launch of a self-guided liquidity DeFi mechanism called Chicken Bonds. On February 2, 2023, Liquity (LQTY) will be listed on the Binance Innovation Zone at 19:00 (UTC+8) on February 28, 2023.
The competitive advantages of Liquity in the stablecoin market can be summarized as follows: 1. Completely Decentralized: As a fully decentralized stablecoin protocol, Liquity's decentralized nature is one of its most significant competitive advantages. This allows LUSD to be immune to single points of failure or regulatory risks, providing higher security and censorship resistance. Especially in the context of increasing regulatory pressure on stablecoins, Liquity's fully decentralized characteristic is even more precious. 2. Excellent Mechanism Design: The mechanism designs of Liquity’s stability pool, debt redistribution, and recovery model are considered very advanced and efficient. These designs not only realize fast and secure liquidation processes but also provide a natural use case through the stability pool, allowing LUSD to maintain price stability without centralized guarantors while ensuring high capital efficiency. 3. No Governance, Reduced Human Intervention: Liquity's no-governance model means that its protocol parameters and updates are entirely controlled by preset algorithms, reducing the risk of human error or manipulation that can occur during governance processes. This design improves the protocol's transparency and predictability while ensuring long-term stability and security. 4. Low-Cost Lending Services: Liquity offers interest-free borrowing services, where borrowers only need to pay a one-time minting fee and redemption fee. This low-cost design attracts many users seeking efficient capital utilization, especially during periods of high volatility in the cryptocurrency market, allowing users to manage their assets flexibly. 5. Widely Forked Proof: The Liquity protocol has been forked more times than any other stablecoin protocol, proving the popularity of its mechanism design and industry recognition of its innovations. 6. Market-Tested: Since its launch, Liquity has successfully endured multiple severe fluctuations in the crypto market, proving the resilience and effectiveness of its core mechanisms. Especially during market downturns, Liquity's liquidation mechanisms and price stability have been thoroughly validated.