While LUSD is meant to retain its dollar peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and a market capitalization of $314 million, per CoinGecko, captures the fee revenue generated by the Liquity protocol, which are then paid out to stakers.
Related posts
-
NEAR Protocol Soars 7.3%, Is It Poised To Go Higher?
As the crypto industry navigates the waves of this bull run, projects like NEAR Protocol (NEAR)... -
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
Stripe, the fintech giant, has decided to re-enter the... -
Stripe reintroduces crypto payments via USDC stablecoin
At the company’s Global Internet Economy conference on Thursday, Stripe revealed its decision to reintroduce support...