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Alternity Protocol

  • Lending
  • DeFi
project_established_year
2023
project_operating_status
project_active
ecosystem
Ethereum
Alternity is a decentralized protocol built on the Ethereum blockchain, inspired by the design of the Liquity Protocol. The protocol provide users with a stablecoin that is pegged to the Chinese Yuan, achieved by utilizing Ether as the required collateral. Loans are paid out in LCNY (a CNY pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.

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