DeFi
DeFi Lender Liquity (LQTY) Unveils Protocol Upgrade and New BOLD Stablecoin in Whitepaper
“LUSD is great for its decentralized capabilities, but it lacks the built-in flexibility to adapt to changing market environments like rising or falling interest rates,” said Samrat Lekhak, head of business development and of communications at Liquity, in an interview. via Telegram. “In times of positive interest rates, this implies the need for a continued source of yield for the stablecoin, which BOLD provides.”