Liquity is a governance-minimized, algorithmically-adjusted, decentralized borrowing protocol built on Ethereum that offers interest-free liquidity against Ether. With Liquity, Ether holders can draw zero-interest loans in the form of LUSD, a USD-pegged stablecoin, which can always be redeemed at face value for the underlying ETH collateral.
Polaris has announced the completion of a $1 million angel round, with participation from institutions including the Ethereum Foundation, Fusion (under IPOR), Altitude, Liquity, LI.FI, as well as more than 30 founders and contributors such as Daily Gwei founder Anthony Sassano. The project is a permissionless on-chain yield protocol whose core product is the interest-bearing reserve asset pETH, alongside USDp and GOLDp, designed to provide native yield for any on-chain asset.
Binance will complete the adjustment to the minimum price precision for certain spot trading pairs before 13:00 on July 22 (UTC+8), involving AUCTION, BB, BERA, EPIC, ETHFI, FIL, GLMR, GTC, HFT, LQTY, PEPE, QI, RARE, RESOLV, STRK, ZIL, totaling 31 trading pairs.