What are the key benefits of Liquity?
A shot list of features that are considered the key benefits of Liquity:
0% interest rate — as a borrower, there’s no need to worry about constantly accruing debt
The minimum collateral ratio of 110% — more efficient usage of deposited ETH
Governance free — all operations are algorithmic and fully automated, and protocol parameters are set at the time of contract deployment
Directly redeemable — LUSD can be redeemed at face value for the underlying collateral at any time
Fully decentralized — Liquity contracts have no admin keys and will be accessible via multiple interfaces hosted by different Frontend Operators, making it censorship resistant
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