Liquity V2 Launches on Ethereum Mainnet with Enhanced Borrowing Options

Liquity, a prominent lending protocol, has announced the redeployment of its upgraded version, Liquity V2, on the Ethereum mainnet. This redeployment allows users to borrow ETH and LST (such as Lido Finance's wstETH and Rocket Pool's rETH) at the highest loan-to-value (LTV) ratio with a customizable interest rate. The BOLD stablecoin, integral to Liquity's ecosystem, offers yield and supports instant swapping between ETH and LST, enhancing the protocol's utility and flexibility.

Liquity V2 has established licensing agreements with nearly 20 EVM-friendly forks, including Felix Protocol, QuillFi, and OrkiFi. These forked projects will allocate a portion of their tokens to BOLD stable pool depositors and liquidity providers, fostering a collaborative ecosystem that benefits both the original protocol and its forks. This strategic move not only expands Liquity's reach but also incentivizes participation and liquidity within its network.

The redeployment of Liquity V2 on the Ethereum mainnet signifies a significant milestone for the protocol. By offering users the ability to borrow ETH and LST at the highest LTV with custom interest rates, Liquity V2 provides a more flexible and attractive borrowing option. The integration of the BOLD stablecoin, which supports instant swapping between ETH and LST, further enhances the protocol's appeal by offering yield and liquidity benefits.

The licensing agreements with EVM-friendly forks demonstrate Liquity's commitment to fostering a collaborative and interconnected ecosystem. By rewarding a portion of their tokens to BOLD stable pool depositors and liquidity providers, these forked projects create a mutually beneficial relationship that drives liquidity and participation. This strategy not only expands Liquity's user base but also strengthens its position within the broader decentralized finance (DeFi) landscape.

In summary, the redeployment of Liquity V2 on the Ethereum mainnet represents a strategic advancement for the protocol. With enhanced borrowing options, the integration of the BOLD stablecoin, and licensing agreements with EVM-friendly forks, Liquity V2 is poised to offer users a more flexible, liquid, and rewarding experience within the DeFi ecosystem. This move underscores Liquity's dedication to innovation and its commitment to driving growth and participation within the decentralized finance space.