Liquity v2 introduces a more capital efficient borrowing system. It improves upon Liquity v1 through a new stablecoin $BOLD with differentiated peg dynamics and sustainable yield.
They are publishing under Busl License meaning forks will need permission to operate. While against the original ethos of the space, I do believe this is an important step to protect $LQTY holders as Liquity V1 forks saw at the peak > $1B in aggregate TVL.
$LQTY is trading at a $71M circulating and $73M FDV.
Since 2021, TVL in the protocol has suffered. V2 is an attempt to create a system that will once ag