On September 11th, the decentralized lending protocol Liquity is about to launch the V2 version, introducing a new LQTY staking module to break the traditional voting escrow (ve) system model. The new mechanism provides a sustainable community-driven model that prioritizes the interests of long-term stakers, has no dilution risk and does not require locking. The mechanism has four major features: double reward, no long-term locking, long-term staking increases voting rights, immutable but flexible.
Pledgers can receive both V1 and V2 rewards, including BOLD tokens and the opportunity to participate in LUSD; the pledge can be released at any time, providing greater flexibility; the longer the pledge, the more voting rights accumulated and the greater the influence; Liquity V2 core is immutable, but the voting model is flexible, and 25% of the agreement revenue is used to incentivize liquidity.
Liquity V2 is coming soon: a new LQTY staking module will be introduced, and 25% of the protocol revenue will be used to incentivize liquidity
2024-09-11 14:50:58
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