Liquity protocol’s native token (LQTY) has posted a 32% achieve within the final 24 hours following a list announcement by Binance.
Liquity is a decentralized borrowing protocol that permits customers to borrow LUSD stablecoin and LQTY. Customers can obtain interest-free loans utilizing ETH as collateral.
Binance to record LQTY
Main crypto change Binance introduced on Feb. 28 that it could record Liquity’s LQTY token within the innovation zone.
Customers can deposit their LQTY into Binance in readiness for spot buying and selling actions that may open at 11:00 (UTC). For a begin, Binance mentioned it could add help for the LQTY/BTC and LQTY/USDT buying and selling pairs.
As well as, Binance mentioned it could add LQTY as a borrowable asset within the remoted margin account.
Following the Binance itemizing announcement, the LQTY worth has elevated to a neighborhood excessive of $1.8, recording a 32% achieve over the past 24 hours.
Within the final thirty days, LQTY has elevated by over 103%, pushing its complete market cap to $167 million, in accordance with CryptoSlate knowledge.
