LQTY is the native token of the Liquity decentralized borrowing protocol, where users get interest‑free loans by staking ETH and earn fees by staking LQTY.
It trades around $0.31–$0.32 USD (~৳24–৳26 BDT), significantly lower than its 2021 highs near ~$62, reflecting a long‑term downtrend.
Price has shown periodic rebounds recently but remains depressed due to overall market pressures and reduced DeFi sentiment.
Protocol upgrades like Liquity V2, multi‑collateral support, and airdrops (e.g., Enosys APS rewards) aim to boost user engagement and fee revenue.
LQTY holders can earn rewards by staking, adding a utility dimension beyond speculation.
Traders remain cautious; sustained volume and adoption of new features would be needed for a clear trend reversal.
@Liquity $LQTY #liquity #lqty