Liquity to Be Integrated With Inverse FiRM
Liquity integrated ysyBOLD with Inverse FiRM, making the asset available as collateral while it earns about 5% through Liquity Stability Pools. Users can borrow DOLA at a fixed rate and duration against 1.8 million DOLA of available liquidity.Refer to the official tweet by LQTY:35% APR on a stablecoin backed only by ETH 🟢ysyBOLD is live on FiRM:- Earns ~5% from Liquity Stability Pools- Borrow DOLA at a FIXED rate & duration- 1.8M DOLA liquidity availableLock in your yield 🔒Zap in with one click👇 LQTY InfoLQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 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.Liquity as a protocol is non-custodial, immutable, and governance-free.