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

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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DeFi https://book.economicsdesign.com/


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5) Newsletter: https://economicsdesign.substack.com/


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