Liquity will launch V2 version and introduce LQTY staking module
According to Foresight News, the decentralized lending protocol Liquity is about to launch V2, introducing the LQTY staking module. The new mechanism has four major features: double rewards, no long-term lock-up, long-term staking to increase voting rights, and immutable but flexible. In this version, 25% of the protocol revenue will be used to incentivize liquidity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Georgia signs memorandum of understanding with Hedera to explore on-chain real estate registration and tokenization
Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.
Data: Suspected Mantle core contributor address transfers $4.5 million worth of MNT tokens to Mirana Ventures
Circle's native USDC and Cross-Chain Transfer Protocol officially launch on Starknet