@oblessedking
From this interview we can see what makes @liquityprotocol V2 unique;
- No governance; users set their own rates
- Fully immutable; the protocol can’t be changed
- You get to mint $BOLD just from depositing ETH as collateral
- No rehypotecation; collateral is not lent out
- The team doesn’t have more information than the users
- The interest paid by borrowers goes to $BOLD stakers as yield
Check out @liquityprotocol for more!
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