Decentralized Finance (DeFi) lender,
Liquity has had a series of notable developments. It has introduced a
new stablecoin protocol anticipated for launch in the later part of 2024, and is planning to let users set their own borrowing rates through an upgrade named “
Friendly Fork”. The updated protocol also includes the removal of the one-time fee with
user-set interest rates. Liquity's stablecoin
LUSD has achieved parity with the dollar on exchanges, and the platform is maintaining its commitment to safety by allowing its
V2 upgrade to use staked ether. Liquity's native token (
LQTY) has experienced significant growth recently, increasing a notable 80% in the past month and a remarkable 23% in a short timeframe. Liquity is also gaining more recognition and accessibility as it has been listed on
Coinbase Pro together with other cryptos like Inverse Finance (INV), Polyswarm (NCT) and Propy (PRO). With increasing
liquidity efficiency, LQTY's price has surged, particularly amid market disruptions. Predictions forecast continuous growth for LQTY in the years to come. Industry insiders are debating what the future holds for LQTY. The
rise of decentralized borrowing protocols like Liquity certainly indicates a shifting landscape in the world of DeFi.
Liquity Coin News Analytics from Wed, 29 Mar 2017 01:55:45 GMT to Sat, 20 Jul 2024 07:00:00 GMT -
Rating 5
- Innovation 4
- Information 4
- Rumor 0
