Liquity V2 to Introduce User-Set Interest Rates
Liquity, a decentralized borrowing protocol, is set to launch its V2 update featuring user-set interest rates. This significant development allows users to have more control over their borrowing costs. The update, scheduled for July 8, 2024, builds upon the protocol's earlier announcements and preparations. Liquity has published a detailed blog post explaining the rationale and mechanics behind this new feature, which aims to enhance the protocol's flexibility and user experience.