EP 57 LQTY Stable Coin | Solving Maker's DAI Problem and No Governance

Economics Design

Liquity presents a unique approach to decentralisation, without a governance token and several other notable features. In this episode, we dive deep into Liquity's mechanisms, economics, and what it means for the DeFi space.

The chat segments are extracted from our Discord lounge session with Robert. We host lounge sessions on Sundays with guest speakers, absolutely free to join for the public, where we dive deep into such topics and you can directly ask any questions you may have. Do join our Discord channel to get the chance to interact with guest speakers directly! :)

Discord link: https://economicsdesign.com/discord

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Timestamps:

0:00 – Introduction to Liquity

0:53 – Stablecoin Classification of Liquity

3:31 – How LUSD is created

4:21 – Uses of LUSD token

7:49 – LQTY token

8:52 – How does Liquity maintain stability

11:06 – Liquidation Mechanism in-depth

13:56 – Redemption Mechanism in-depth

17:24 – Zero governance

18:28 – Importance of decentralisation

20:05 – Opinions

23:03 – More resources & how to support us!

p.s. Thanks once again to Fernando for processing the audio used here!

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