Liquity protocol’s native token (LQTY) has posted a 32% acquire within the final 24 hours following a list announcement by Binance.
Liquity is a decentralized borrowing protocol that enables customers to borrow LUSD stablecoin and LQTY. Customers can obtain interest-free loans utilizing ETH as collateral.
Binance to checklist LQTY
Main crypto alternate Binance introduced on Feb. 28 that it will checklist Liquity’s LQTY token within the innovation zone.
Customers can deposit their LQTY into Binance in readiness for spot buying and selling actions that can open at 11:00 (UTC). For a begin, Binance stated it will add assist for the LQTY/BTC and LQTY/USDT buying and selling pairs.
As well as, Binance stated it will add LQTY as a borrowable asset within the remoted margin account.
Following the Binance itemizing announcement, the LQTY value has elevated to an area excessive of $1.8, recording a 32% acquire during the last 24 hours.
Within the final thirty days, LQTY has elevated by over 103%, pushing its complete market cap to $167 million, in line with CryptoSlate information.
