X7 Fork of Liquity for the X1 Chain
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GNU General Public License v3.0
# X7 Fork of Liquity for the X1 Chain This is a fork of the Liquity decentralized borrowing protocol, adapted to run on the X1 blockchain. Liquity allows users to deposit Ether as collateral and mint LUSD, a USD-pegged stablecoin, without paying interest. The system maintains stability through a minimum 110% collateralization ratio, a stability pool for liquidations, and a redemption mechanism that ensures LUSD always trades near $1. This fork preserves Liquity's core functionality while adapting it for X1 Chain's ecosystem.
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