Convert Liquity LQTY to Algorand ALGO
LQTY to ALGO: 1 Liquity converts to 9.17 ALGO as of June 28 at 3:48 AM
About LQTY and ALGO
Liquity is climbing, while Algorand is falling this week. The current LQTY to ALGO conversion rate is 9.17. Inversely, this means that if you convert 1 ALGO you will get 0.11 LQTY. The conversion rate of LQTY/ALGO has increased by 1.08% in the last hour (ALGO/LQTY decreased by 1.08%). In the last 24 hours, LQTY/ALGO grew by 0.98%, while ALGO/LQTY shrunk by the same amount.
The exchange rate of Liquity is increasing. The current value of 1 LQTY is 9.17 ALGO. In other words, to buy 5 Liquity, it would cost you 45.85 ALGO. Inversely, 1 ALGO would allow you to trade for 0.11 LQTY while 50 ALGO would convert to 5.45 LQTY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 27.82%. Meanwhile, in the last 24 hours, the rate has changed by 0.55%, which means that the highest exchange rate of 1 LQTY to ALGO was 9.60 ALGO and the lowest 24 hour value was 1 LQTY for 8.91 ALGO. Last month, 1 LQTY was worth 3.85 ALGO. Today, it's up 57.98%. Looking back a year, Liquity has changed by 5.98 ALGO. That means that in a single year, the value of Liquity has grown by 34.8%.
Liquity Market Stats
LQTY is an Ethereum token that powers the Liquity protocol, a decentralized borrowing platform for 0% interest loans using ETH as collateral. Loans are paid out in a stablecoin called LUSD, and LQTY holders can stake their token to earn a portion of fees generated by opening and closing loans.