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Convert
Indian Rupee (INR) to Liquity (LQTY) Instantly

Purchase Liquity (LQTY) with Indian Rupee (INR) easily at Switchere and benefit from fast, secure transactions.

About
Liquity (LQTY)

Liquity is a decentralized borrowing protocol built on the Ethereum blockchain that offers a unique approach to DeFi lending. Its core function is to allow users to draw interest-free loans against their Ether (ETH) collateral. These loans are paid out in LUSD, a fully redeemable, USD-pegged stablecoin. A primary innovation of this digital asset protocol is its exceptional capital efficiency, requiring a minimum collateral ratio of only 110%. This design makes it one of the most accessible on-chain borrowing solutions available within the decentralized finance ecosystem, directly addressing the issue of over-collateralization common in other platforms.

The system’s architecture is rooted in true decentralization. Liquity’s smart contracts are immutable and the protocol operates without any form of governance, minimizing human intervention and creating a more predictable financial instrument. Its robust liquidation mechanism is managed algorithmically and supported by a Stability Pool, where LUSD holders can deposit their tokens to participate in liquidating under-collateralized positions, known as Troves. The native utility token, LQTY, is not a governance token. Instead, its primary function is for staking. By staking LQTY, holders earn a share of the protocol fees generated from LUSD issuance and redemptions, providing a direct revenue stream from the protocol's core operations.

Liquity (LQTY)

How to Buy Liquity (LQTY)

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  1. Step 1 illustration
    01

    Choose INR to LQTY Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Liquity Wallet Address

    Provide your LQTY wallet address and proceed with the payment.

  3. 03

    Receive Your Liquity

    Complete the payment, and your LQTY will be sent to your wallet.

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Frequently asked questions

  • What is the primary method to buy Liquity (LQTY) with Indian Rupees (INR)?

    The most common method involves using an Indian cryptocurrency exchange that acts as a fiat on-ramp. Users typically complete KYC/AML compliance, then deposit INR via payment systems like UPI, IMPS, or bank transfer. Since a direct INR/LQTY pair is rare, the usual process is to first buy a major digital asset like USDT or ETH with your INR, and then trade that asset for LQTY on the exchange's order book.
  • What is the function of the LQTY token within the Liquity protocol's ecosystem?

    LQTY is the secondary token of the Liquity protocol, a decentralized borrowing system. Its primary utility is to capture fee revenue. Users who stake their LQTY tokens earn a proportional share of the issuance and redemption fees generated when users create or pay back loans using the LUSD stablecoin. This mechanism incentivizes long-term holding and participation in the protocol's financial health.
  • What is the difference between staking LQTY and depositing LUSD in the Stability Pool?

    These are two distinct functions. Staking LQTY allows you to earn a share of protocol fees (paid in LUSD and ETH) generated from loan issuances and redemptions. In contrast, depositing the LUSD stablecoin into the Stability Pool is a mechanism to help secure the protocol. Stability providers use their LUSD to liquidate under-collateralized positions ('Troves') and are compensated with the liquidated ETH collateral, creating a different risk and reward profile.
  • When acquiring LQTY with INR, what blockchain considerations should I be aware of?

    LQTY is an ERC-20 token on the Ethereum blockchain. When you withdraw it from an Indian exchange to a secure private wallet, you must ensure the receiving address is an Ethereum address. You will also be responsible for paying Ethereum's network transaction fees, known as 'gas fees', which are paid in ETH. These fees can fluctuate based on network congestion, so it's wise to monitor them before initiating a blockchain transaction.
  • Does buying LQTY give me a say in the governance of the Liquity protocol?

    No, the Liquity protocol is designed to be governance-minimized and immutable from its launch. Unlike many DeFi protocols, holding the LQTY token does not grant voting rights over protocol parameters. The system's rules are algorithmically set and cannot be changed. The sole financial utility of LQTY is to capture the fee revenue generated by the protocol through staking.
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