LUSD is a decentralized stablecoin built on the Ethereum blockchain that is designed to maintain its value at $1 USD through a combination of soft and hard pegs. It is a relatively new stablecoin, having been launched in April 2021, and has quickly gained traction due to its unique features. History of LUSD LUSD is developed by Liquity, a DeFi protocol that aims to offer a decentralized borrowing and lending platform using a stablecoin as the medium of exchange. Liquity is built on top of the...