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Decentralized lending platform Liquity launches BOLD, a stablecoin that allows users to set their own borrowing interest rates

Decentralized lending platform Liquity launches BOLD, a stablecoin that allows users to set their own borrowing interest rates

CointimeCointime2024/05/15 00:10
By:Cointime

The decentralized lending platform Liquity has introduced a new stablecoin called BOLD in its whitepaper, which allows users to set borrowing interest rates. It will coexist with Liquity's LUSD and increase liquidity by pledging ETH derivatives as collateral assets, providing investors with liquidity or leverage.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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