Podcast 56 [Bridged] - Samrat Lekhak
In a future aiming for financial inclusivity, could interest-free loans for essential purchases, such as homes or cars, become a reality?
Join us as we speak with Samrat, Head of Growth at Liquity. In a few words, Liquity is a decentralized borrowing protocol that allows users to draw interest-free credit against ETH as collateral. Funds are paid out in LUSD (USD-pegged stablecoin) and users need to maintain a minimum collateral ratio of just 110%.
Tune in to hear about Sam’s journey prior to entering Web3, what to expect next from Liquity and much more. Enjoy!
Link to Liquity’s Twitter page
👉🏻 https://twitter.com/LiquityProtocol
Link to Liquity’s website
👉🏻 https://www.liquity.org/
Episode Breakdown
00:30 - Would you be able to illustrate the vision behind Liquity using a creative and representative analogy?
02:30 - How does the loan-to-value ratio adjust over time considering that ETH’s value fluctuates?
05:00 - Has the protocol ever gone into Recovery Mode since its inception?
10:00 - What was your background prior to joining Liquity?
22:00 - How does your current position at Liquity compare to some of your previous roles?
25:00 - What would a user be able to use his/her LUSD for? What are some examples of real-world use cases of LUSD?
35:00 - In terms of next steps, what can we expect from Liquity in the near future?