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XRP $1.31 -5.87%
SOL $103.54 -4.24%
TRX $0.3280 -1.10%
DOGE $0.0786 -5.13%
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LINK $11.96 -5.76%
HYPE $77.47 -5.41%
AAVE $146.80 -6.71%
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XLM $0.1761 -4.95%
ZEC $1,214.94 -10.43%
AAPL $348.55 +1.33%
AMZN $250.87 -4.65%
GOOGL $324.81 -3.14%
MSFT $522.02 -1.91%
META $649.14 -10.13%
NVDA $212.95 -4.13%
TSLA $373.83 -5.11%
SNDK $1,260.07 -8.71%
INTC $85.50 -8.33%
SPCX $144.94 -8.84%
MU $860.06 -5.92%
AMD $508.71 -8.14%

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

2024-09-11 22:55:40

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.

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