Scan to download
BTC $71,614.52 +2.72%
ETH $2,217.96 +3.63%
BNB $606.62 -0.67%
XRP $1.35 +1.38%
SOL $83.46 +0.90%
TRX $0.3178 +1.01%
DOGE $0.0935 +1.12%
ADA $0.2542 +1.94%
BCH $443.76 +0.89%
LINK $9.02 +2.35%
HYPE $39.36 +5.25%
AAVE $93.70 +3.70%
SUI $0.9278 +2.73%
XLM $0.1590 +1.25%
ZEC $325.75 +9.85%
BTC $71,614.52 +2.72%
ETH $2,217.96 +3.63%
BNB $606.62 -0.67%
XRP $1.35 +1.38%
SOL $83.46 +0.90%
TRX $0.3178 +1.01%
DOGE $0.0935 +1.12%
ADA $0.2542 +1.94%
BCH $443.76 +0.89%
LINK $9.02 +2.35%
HYPE $39.36 +5.25%
AAVE $93.70 +3.70%
SUI $0.9278 +2.73%
XLM $0.1590 +1.25%
ZEC $325.75 +9.85%

Liquity: Will launch V2 version, introducing new LQTY staking module

2024-09-11 22:55:40
Collection

ChainCatcher news, the decentralized lending protocol Liquity announced on social media that it will soon launch version V2, introducing a new LQTY staking module that breaks the traditional voting escrow (ve) system model. The new mechanism provides a sustainable community-driven model that prioritizes the interests of long-term stakers, with no dilution risk and no locking required. This mechanism has four main features: dual rewards, no long-term locking, increased voting power with long-term staking, and immutable yet flexible.

Stakers can simultaneously earn rewards from both V1 and V2, including BOLD tokens and the opportunity to participate in LUSD; they can unstake at any time, providing greater flexibility; the longer the staking period, the more voting power accumulated, leading to greater influence; the core of Liquity V2 is immutable, but the voting model is flexible, with 25% of protocol revenue used to incentivize liquidity.

app_icon
ChainCatcher Building the Web3 world with innovations.