Liquity Executive: Expected to Launch New Stablecoin BOLD Within Two Months
Liquity executive Colin Platt stated that the company is about two months away from launching its new stablecoin BOLD. BOLD has addressed some of the flaws that led to a sharp decline in LUSD over the past year, and it will give a small portion of control to the community. It is reported that BOLD will adopt interest rates chosen by borrowers, rather than the one-time fee of its predecessor, and it will also accept pledged Ether as collateral.
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