MWC (@CryptosWith) header
MWC (@CryptosWith) profile picture
Joined April 2022
Replying to @hubdotxyz
Nope, probably not--i mean really, what is really new that's being brought to the market here? Yaps? C'mon man please....
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8⃣ A $LQTY Revival? There’s a couple of reasons why I’m bullish on $LQTY once V2 goes live: 💰Fully vested: $LQTY has a circulating supply of 94.36m tokens, out of a total supply of 100m. 💰V1 isn't going anywhere, which means that $LQTY stakers will still earn #realyield
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6⃣Up to 11x Leverage Bullish on $ETH? V2 allows you to lever up your deposit to borrow even more $BOLD, whether it’s on your deposited $ETH, $wstETH or $rETH:
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V1 had interest fee loans, which meant that the only way you could earn yield from $LUSD was by staking it in their Stability Pool — a pool whose revenue was gained only from liquidated troves.
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3⃣ Liquid-Staked Derivatives (LSDs) as Collateral--namely Lido’s $wstETH and Rocketpool’s $rETH. Similar to Alchemix’s self-paying vaults, because they are LSDs, both $wstETH and and $rETH will inherently increase in value, allowing your collateral $ETH to earn yield
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2⃣ Changing rates: Even after a loan has been opened, Liquity V2 users can manually adjust their rates after-the-fact and/or whenever they see fit.
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Why would you purposely set a higher interest rate? The interest rate that you set directly correlates with your risk of redemption — the higher the interest rate, the lower the risk.
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