LSD stablecoin protocol Lybra Finance announces the launch of Lybra V2

ChainCatcher news, the LSD stablecoin protocol Lybra Finance has announced the launch of Lybra V2. Users should ensure to migrate LBR from Lybra V1 to Lybra V2 before 8 AM Beijing time on October 1.

Previously, ChainCatcher reported on July 20 that the testnet for LSD stablecoin protocol Lybra Finance V2 is now live, with new features including full-chain functionality, an expanded range of LST options as collateral, improved fund security, and a new mechanism to maintain eUSD peg while supporting LBR value. On Lybra V2, users will have two different ways to mint eUSD and peUSD, with peUSD being the full-chain version of eUSD.