Liquity's Benefits

The key benefits of Liquity are as follows:

• 0% interest rate — Borrowers do not need to worry about constantly accruing debts.
  
  
• Minimum collateral ratio of 110% — More efficient usage of deposited ETH
  
  
• Governance-free — all operations are algorithmic and fully automated, and protocol parameters are set at the time of contract deployment.
  
  
• Directly redeemable — LUSD can be redeemed at face value for the underlying collateral at any time.
  
  
• Fully decentralized — Liquity contracts have no admin keys and will be accessible via multiple interfaces hosted by different Frontend Operators.

References

• Liquity.org
• Liquity Docs
• Coinmarketcap
• Coingecko