PolyQuity (PYQ)
PolyQuity is a decentralized borrowing protocol that allows you to draw interest-free loans against Matic used as collateral. Loans are paid out in PUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing PUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation.
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Polygon | $90.92K | 100.0% |
About PolyQuity
PolyQuity is a cdp protocol deployed across 1 chain, led by Polygon. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare PolyQuity against the wider market on the live protocol rankings, or explore current yields across DeFi.