{"id":161800,"date":"2024-02-16T13:24:55","date_gmt":"2024-02-16T13:24:55","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=161800"},"modified":"2024-02-16T13:24:59","modified_gmt":"2024-02-16T13:24:59","slug":"liquitys-game-changing-cdp-stablecoin-protocol-launching-soon","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/liquitys-game-changing-cdp-stablecoin-protocol-launching-soon\/","title":{"rendered":"Liquity’s Game-Changing CDP Stablecoin Protocol Launching Soon"},"content":{"rendered":"
TL;DR<\/p>\n
Liquity, the project behind the decentralized stablecoin<\/a> LUSD, is preparing to launch a redesigned protocol by the end of 2024.<\/strong> This announcement comes with the intention to address the limitations encountered in its current offering over the past years.<\/p>\n The new Liquity protocol will introduce a series of innovative features aimed at improving its functionality and competitiveness in the market. Among these new features is support for Liquid Staking Tokens (LST) as collateral<\/strong>, as well as new mechanisms designed to maintain LUSD parity with the dollar. Additionally, the protocol will offer dynamic interest rates<\/strong>, allowing users to set them according to their preferences. A revamped liquidation system<\/strong> will also be implemented, prioritizing forced redemptions for users paying lower fees.<\/strong><\/p>\n Introducing the next evolution of CDPs \ud83c\udfe6<\/p>\n For nearly three years, Liquity has stood as a cornerstone within DeFi. With over $4.5 billion in loans issued, and its status as the most forked stablecoin protocol, its impact is undeniable. <\/p>\n We share a steadfast commitment to the\u2026<\/p>\n — Liquity (@LiquityProtocol) February 15, 2024<\/a><\/p><\/blockquote>\n\n