Liquity is a new governance-minimized stablecoin on Ethereum!
Liquidity offers some competitive advantages over other decentralized stablecoins
– Low collateral requirements. Only 110% collateral is required vs MakerDAOs 150%
– Governance minimization. Liquity is attempting to be a protocol, not a platform. Thus, it is trying to minimize human discretion!
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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