Liquity executive: New stablecoin BOLD expected to be launched in two months
2024-09-09 11:52:51
Liquity executive colin platt shows the company distance releasedesk3cryptocurrencydesktopCrypto News
Liquity executive Colin Platt said the company is about two months away from releasing its new stablecoin, BOLD, which addresses some of the flaws that led to LUSD's sharp decline over the past year, and will give the community a small piece of control. It is understood that BOLD will use a borrower's chosen interest rate instead of a one-time fee from its predecessor, and it will also accept pledged Ether as collateral.
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