According to Odaily, Liquity, a decentralized lending platform, has released its version 2 whitepaper. The key features of the new version include allowing borrowers to set their own interest rates and introducing new types of collateral - ETH and LSTs.
The majority of the interest generated by the protocol will be directed towards BOLD stable pool depositors and liquidity providers, a feature designed to incentivize participation in the platform. Liquity v2 also introduces independent borrowing markets for each type of collateral and stable pools, providing more flexibility and options for users.
In addition, the new version enhances fund efficiency by operating without a recovery mode. It also allows for the management of multiple Troves from a single address, improving user experience and efficiency. These updates are expected to enhance the platform's functionality and user-friendliness, making it a more attractive option for borrowers and lenders alike.
