Current protocols either rely on slow and potentially misaligned human governance to adjust interest rates, or they don't have a targeted way of using interest payments to drive demand for their stablecoin. Liquity V2 will change that.
The new stablecoin, BOLD, will co-exist with LUSD. It will allow borrowers to take out loans by depositing ETH and liquid staking ETH derivatives as collateral while setting their preferred interest rate.
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