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Alternity Protocol
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Alternity Protocol
Decentralized lending-borrowing protocol
Details
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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Significant Events
Aug 19, 2023
