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TRX $0.3358 +0.65%
DOGE $0.0936 -3.53%
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LINK $15.24 +8.95%
HYPE $87.37 -4.46%
AAVE $146.93 -4.71%
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XLM $0.2266 +4.43%
ZEC $1,460.97 -8.41%
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AMZN $246.35 -1.57%
GOOGL $342.54 -0.45%
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NVDA $229.20 +1.73%
TSLA $357.89 -4.15%
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SPCX $145.96 -2.24%
MU $1,053.99 -3.91%
AMD $609.36 -4.30%

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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