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ProtocolsPolyQuity

Information
TVL

PolyQuity (PYQ)

Total Value Locked
$140,733
Chain Breakdown
Polygon$140,733

Protocol Information

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.

Category:CDP

Forked from:Liquity

Audits
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Development Activity

(updated at 22/07/24)

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Last commit: a few seconds ago (2024-07-22)

Token Information

Address:0x5a3064...D7F3d8

Methodology