PolyQuity (PYQ)

Total Value Locked$102,231

TVL by Chain

Polygon$102,231

Key Metrics

$PYQ Price< $0.0001

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

Audits:

Development Activity

Updated at Sep 4, 2023

Weekly commits3

Monthly commits19

Weekly developers2

Monthly developers2

Last commit02/06/23 (2 years ago)