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