Liquity
Generate LUSD with a high collateral trove from Liquity
What is Liquity
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Deposited tokens are converted into cTokens. Learn more about ctokens from Compound Docs.
How does Compound work?
Users can deposit assets into Compound; users receive cTokens which represent their deposit to the protocol. Deposits have a collateral factor and users can borrow against their deposits.
How do liquidations work on Liquity?
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How does lending work on Compound?
Assets deposited into Compound Finance have a Collateral Factor. The Collateral factor is the percentage of value that can be borrowed against a particular asset. Collateral Factor Collateral Factor is the percentage a user can borrow against a particular asset.
How do I borrow and supply the same asset?
Compound automatically shifts the asset panels if you supply or borrow an asset, to circumvent this utilize a strategy like 'Leverage' or 'Deposit and Borrow' to supply and borrow the same asset.
Compound Asset UI
⚗️ Available Functions
Basic Functions
🙌 Supply - Deposits asset from DSA to Compound ⬆️ Withdraw - Withdraws asset from Compound back to DSA ↩️ Borrow - Borrows asset, asset is withdrawn to DSA ⤵️ Payback - Spend asset on DSA to payback debt on Compound
Compound Functions
🙌↩️ Deposit and Borrow - Deposits asset from DSA to Compound, and borrows asset. ⤵️⬆️ Payback and Withdraw - Payback debt from DSA, and withdraws asset back to DSA ⚖️ Leverage - Borrows asset, converts to collateral and immediately deposits it back into Compound. 🪀 Save / Unwind - Withdraws collateral, and immediately converts asset to payback debt.
Advanced Functions
💱 Collateral Swap - Swap the underlying collateral asset for another collateral asset 💱 Debt Swap - Swaps owed debt from one asset into another debt to be owed
Want to learn more about strategies? See 🔷 Strategies→