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ETH $1,917.03 +1.08%
BNB $586.42 +3.15%
XRP $1.08 +1.01%
SOL $74.37 +1.29%
TRX $0.3278 +0.45%
DOGE $0.0702 -0.10%
ADA $0.1684 +2.91%
BCH $218.73 +4.06%
LINK $8.47 +1.97%
HYPE $53.63 -2.81%
AAVE $99.09 +0.50%
SUI $0.6951 +1.24%
XLM $0.1727 -0.06%
ZEC $473.23 +1.96%

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

2024-09-11 22:55:40
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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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