Liquity (LQTY)

I keep coming back to this closed loop.

@LiquityProtocol's stablecoin supply is growing.

Borrowers pay fees; those fees flow directly into liquidity incentives; LQTY holders vote on where those incentives go. No new token issuance. The protocol funds itself.

Compare that to @CurveFinance, which I love, but is literally distributing CRV that doesn't exist yet.

LQTY sits under $20M market cap right now. I honestly don't know if the market cares yet.

But run the numbers:

> 100M BOLD minted at 4% annual = $4M in fees to the protocol.

> $1M of that (25%) is allocated to PIL. Stakers decide where to direct those funds and can be bribed to do so. That's awesome.

Btw, is anyone quietly accumulating LQTY? A subDAO or protocol that wants sustained liquidity could build a position and just own the vote permanently.

$LQTY

not bad if he hold level https://t.co/aEaomMjLYz

$LQTY ✍🏻

we reclaim the red line, it will confirm a successful manipulation setup, and we’ll continue on our path. The chart remains under close watch. https://t.co/yi3VDfddcn