PolyQuity (PYQ)
Total Value Locked$102,231
TVL by Chain
Polygon$102,231
Key Metrics
$PYQ Price< $0.0001
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:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubDevelopment Activity
Updated at Sep 4, 2023
Weekly commits3
Monthly commits19
Weekly developers2
Monthly developers2
Last commit02/06/23 (2 years ago)