Andre Cronje: Will migrate from fUSD v1 to v2, allowing fUSD v2 to serve as an on-chain fee system
ChainCatcher news, Yearn.finance founder Andre Cronje stated that the migration from fUSD v1 to fUSD v2 will take place, allowing fUSD v2 to serve as an on-chain fee system. This means that Fantom can allocate fees in FTM or fUSD and can predict future costs based on usage.
fUSD v1 will implement liquidations, and any fUSD debt equal to or greater than any positions supported by FTM or sFTM will be liquidated; in the case of sFTM support, staking will be immediately unstaked, and all rewards will be claimed. Additionally, to allow users to close positions, a tool has been built to exchange DAI for fUSD to facilitate the settlement of outstanding debts. (Source link)
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