# EMBR Official Documentation {% hint style="info" %} **EMBR is an iteration of** [**Liquity**](https://www.liquity.org/)**, one of the best decentralized Stable Coins released in DeFi.** {% endhint %} EMBR is a decentralized borrowing protocol built on Avalanche that allows you to draw interest-free loans against BTC.b used as collateral. Loans are paid out in ESC (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing ESC and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation. EMBR as a protocol is non-custodial, immutable, and governance-free. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.embrprotocol.org/embr-official-documentation.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.