PolyQuity
PolyQuity provides a decentralized borrowing protocol with interest-free loans, high capital efficiency on Polygon network.
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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.
Details
Category:
YEAR OF RELEASE:
2021
total supply:
999,536,783
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