Lгquido V2 Info
Liquity is a decentralized borrowing protocol often used on Ethereum-compatible networks.
: The amount you can borrow depends on the value of the collateral you have supplied and the available liquidity in the specific market. Liquity V2
: You can borrow assets by connecting your wallet to the Liqwid v2 App and navigating to the "Assets to borrow" section.
: Liquity V2 allows users to borrow a stablecoin called $BOLD against ETH and Liquid Staking Tokens (LSTs).
: It features a modular, initiative-based governance system where LQTY holders can vote on incentives across weekly "epochs".
AI responses may include mistakes. For legal advice, consult a professional. Learn more Liqwid v2 App User Guide
: To open a loan, you must lock "qToken" collateral. Your loan must maintain a health factor of at least 1.067 to remain safe from liquidation.
Liqwid is an algorithmic lending and borrowing protocol built on Cardano.