Kryptopriser -Liquid Loans USDL
usdl
Liquid Loans USDL
NOK 9.9
24h: 0.04%7d: -0.98%30d: -3.78%1y: 0.06%
NOK 9.9
USDL is a decentralized stablecoin issued by Liquid Loans, a protocol operating as a fork of Liquity (LQTY). It aims to provide a stable digital asset pegged to the US Dollar.
USDL is overcollateralized by PulseChain (PLS) tokens. Users can mint USDL by depositing PLS as collateral into a vault. The protocol maintains its peg through various mechanisms, including arbitrage opportunities and a stability pool.
USDL offers interest-free loans against collateral, with a one-time borrowing fee. The protocol emphasizes censorship resistance and immutability, aiming to provide a robust and reliable stablecoin solution within the PulseChain ecosystem.