DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White...

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper

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Source: Coindesk.com

Liquity's upgraded protocol aims to take on the increasing competition for DeFi yields, with plans to go live in the third quarter. The new stablecoin, BOLD, will coexist with Liquity's LUSD, adding liquid staking ETH derivatives as collateral assets to provide liquidity or leverage for investors.

Decentralized finance (DeFi) lending platform

Read More https://www.coindesk.com/tech/2024/05/14/defi-lender-liquity-unveils-new-stablecoin-with-user-set-borrowing-rates-in-white-paper/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper" appeared first here Coindesk.com.

Source: Coindesk.com

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