Litquity has launched V2 version: supports users to set their own Interest Rate and introduces stablecoin BOLD

robot
Abstract generation in progress

PANews January 24th news, according to The Block, Litquity, a lending protocol based on the Ethereum blockchain, has launched the second version of its application, Litquity V2. Liquity V2 will allow borrowers to choose their own interest rate when borrowing ETH from RocketPool or Lido and staking ETH. Liquity also launched a 'non-dollar' stablecoin called BOLD, which is fully backed by ETH and ETH derivatives. According to the documents, all revenue generated by Liquity V2 will be used for BOLD, with 75% allocated to the stability pool for depositors and 25% for 'protocol incentive liquidity' for liquidity providers.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
Beemanvip
· 01-24 02:05
To da moon 💪 To da moon 💪 To da moon 💪 To da moon 💪 To da moon 💪 To da moon 💪 To da moon 💪 Hold on tight, To The Moon soon 🛫 Hold on tight, To The Moon soon 🛫 Hold on tight, To The Moon soon 🛫 Hold on tight, To The Moon soon 🛫 Hold on tight, To The Moon soon 🛫 Hold on tight, To The Moon soon 🛫 2025, let's go go go 👊 2025, let's go go go 👊 2025, let's go go go 👊 2025, let's go go go 👊 2025, let's go go go 👊
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)