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Liquity V2 Safety Mode is one of the cleanest decentralized protection mechanisms in DeFi. It activates only when a collateral branchβs TCR < CCR: - ETH CCR: 150% - rETH / wstETH CCR: 160% Each branch is independent. ETH can enter Safety Mode without affecting the others. π΅ What you can do in Safety Mode: - Add collateral - Repay debt (down to 2000 $BOLD) - Adjust interest rate (if not premature) π‘ Allowed if TCR stays β₯ CCR: - Open / close Troves - Add collateral + mint - Withdraw collateral + repay (1:1) π΄ Not allowed: - Withdraw collateral alone - Draw new BOLD - Premature rate changes These rules stop borrowers from harming system health while TCR is fragile π If TCR drops below shutdown level: Branch shuts down β all restrictions removed β positions can be closed normally. Liquity V2 Safety Mode keeps the system overcollateralized, autonomous, and stable. even in stress events. Another reason why $BOLD remains one of the most crypto-native stablecoins in DeFi. @liquityprotocol
I joined the most honest ponzi in crypto ππ No promises. No utility. Just vibes + m00n ππ Hereβs my entry for #HonestPonzi @safem00n take my creativity pls π
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π₯ Liquity V2 β Super Short Guide (@liquityprotocol) Liquity V2 lets you borrow BOLD against ETH/LSTs with user-set interest rates. A cleaner, more predictable borrowing system with no governance, no admin keys, and full immutability. Key upgrades: β’ Set your own rate β’ Multiple + transferable loans β’ Short-term positions β’ 1-click multiply β’ New collateral types BOLD: β’ Always redeemable for $1 β’ No external control β’ Earn sustainable yield from 75% of protocol revenue via Stability Pools Forkonomics: 15+ forks adopting V2 β long-term incentives for BOLD users across multiple ecosystems. LQTY Staking: Stake β vote in V2 while still earning V1 rewards (LUSD + ETH). Bribe markets expected. Liquity V2 = simple design, strong guarantees, real yield. π