liquity: News of Liquity (LQTY) - August 2024 Price Update - 7.42% Breakout Crypto News and Analysis

To God be the Glory

Spot the Main Event:

They are deploying Liquity v2 and $BOLD on mainnet. v2 also introduces adaptive redemptions, where collateral deemed most risky to $BOLD’s backing is redeemed first. This helps improve the health of collateral branches with higher "outside" debt (debt not covered by their SP)

Explore the Core.

Liquity is a decentralized borrowing protocol built on Ethereum that utilizes LQTY, a USD-pegged stablecoin. Ether holders can draw loans in the form of LQTY with algorithmically adjusted redemption and loan issuance fees.

Cute, funny and a little bit crazy!!!

Explore the Core.

Liquity is a decentralized borrowing protocol built on Ethereum that utilizes LQTY, a USD-pegged stablecoin. Ether holders can draw loans in the form of LQTY with algorithmically adjusted redemption and loan issuance fees. Liquity is a decentralized borrowing protocol that enables users to secure interest-free loans using Ether (ETH) as collateral. This innovative platform introduces a stablecoin, LUSD, pegged to the USD, which borrowers receive as the loan amount. What sets Liquity apart from other borrowing protocols is its unique approach to interest and governance. Unlike traditional lending platforms that charge ongoing interest, Liquity only imposes a one-time fee of 0.5% on loans issued in LUSD. This feature makes it an attractive option for users looking to leverage their ETH holdings without the burden of accruing interest over time. Additionally, Liquity maintains a minimum collateral ratio of 110%, ensuring a buffer against market volatility and protecting the protocol's stability.

Spot the Main Event:

Redemptions: Why Are They Important? Redemptions are crucial to maintaining peg stability for $BOLD. With Liquity v2, this mechanism ensures that $BOLD remains closely pegged to $1. Redemptions allow $BOLD holders to exchange it for $1 worth of ETH (LSTs) collateral. When $BOLD < $1, arbitrageurs can redeem it for $1 of ETH, which in turn reduces $BOLD supply & helps peg. In v2, redemptions are based on user-set interest rates. For the first time, borrowers can choose their own rates. Redemptions are based on interest-rate paid, with the lowest payers being first in line to getting redeemed. Simply adjust your interest rate to avoid getting redeemed. v2 also introduces adaptive redemptions, where collateral deemed most risky to $BOLD’s backing is redeemed first. This helps improve the health of collateral branches with higher "outside" debt (debt not covered by their SP). As users increase their interest rates, they drive up the yield for holding $BOLD, making it more attractive. This is because v2 directs the majority of its protocol revenue toward growing $BOLD. In v2, redemptions don’t just maintain $BOLD’s peg—they’re a safeguard that adapts to market conditions. By aligning redemptions with user-set interest rates, Liquity v2 offers a sustainable, decentralized way to restore stablecoin value. Actual, DeFi.

Explore the Core.

Liquity is a decentralized borrowing protocol built on Ethereum that utilizes LQTY, a USD-pegged stablecoin. Ether holders can draw loans in the form of LQTY with algorithmically adjusted redemption and loan issuance fees.

Spot the Main Event:

Liquity v2 offers a sustainable, decentralized way to restore stablecoin value.

Explore the Core.

Liquity is a decentralized borrowing protocol that enables users to secure interest-free loans using Ether (ETH) as collateral. This innovative platform introduces a stablecoin, LUSD, pegged to the USD, which borrowers receive as the loan amount. What sets Liquity apart from other borrowing protocols is its unique approach to interest and governance.

Spot the Main Event:

They are deploying Liquity v2 and $BOLD on mainnet. v2 also introduces adaptive redemptions, where collateral deemed most risky to $BOLD’s backing is redeemed first. This helps improve the health of collateral branches with higher "outside" debt (debt not covered by their SP).

A dedicated learner!

Explore the Core.

Liquity is a decentralized borrowing protocol built on Ethereum. It allows users to take out 0% interest loans against their Ether collateral, with loans paid out in a stablecoin called LUSD. The LQTY token is used to capture fee revenue generated by the Liquity protocol via staking.

Spot the Main Event:

Some exciting announcement by the team! According to them, they will be deploying Liquity v2 and $Bold on the mainnet. Also, they will be envisioning a wider ecosystem of aligned friendly forks across different networks and assets.

Trade hard. Joy is coming

Explore the Core.

Liquity is a decentralized borrowing protocol built on Ethereum that utilizes LQTY, a USD-pegged stablecoin. Ether holders can draw loans in the form of LQTY with algorithmically adjusted redemption and loan issuance fees.

Spot the Main Event:

They are deploying Liquity v2 and $BOLD on mainnet. v2 also introduces adaptive redemptions, where collateral deemed most risky to $BOLD’s backing is redeemed first. This helps improve the health of collateral branches with higher "outside" debt (debt not covered by their SP), With v2, their focusing on the original idea behind DeFi stablecoins: autonomous borrowing facilities.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.