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Liquity Executive: Expected to Launch New Stablecoin BOLD Within Two Months

Bitget2024/09/09 12:12

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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