Question 1

What is PolyQuity?

Accepted Answer

PolyQuity is 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.

Question 2

Does PolyQuity have a token?

Accepted Answer

Yes PolyQuity has the PYQ. The token is used in 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.

Question 3

Does Polygon support PYQ?

Accepted Answer

Yes PYQ is supported on Polygon.

Question 4

What blockchains support PYQ token?

Accepted Answer

PYQ token is supported by following blockchains: Polygon

Question 5

What is PolyQuity and how does it work?

Accepted Answer

PolyQuity is 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.. PolyQuity's native token is PYQ. PYQ token is supported by following blockchains: Polygon.

PolyQuity & PYQ Token Crypto Analytics & User Data

PolyQuity

Should I buy PYQ?