Liquity (@LiquityProtocol): Throttled Redemptions at V2 Launch.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- LQTY+60Positive
Throttled Redemptions at V2 Launch. With V2 now live, a reminder on throttled redemptions. This means two things: 1. Users will have significantly lower redemption risk, giving them time to set an appropriate interest rate. 2. Arbitrageurs will be able to acquire cheap $BOLD in case of price drops below peg. This period will last for approximately 48 hours, after which the price at which redemptions support a floor will reach the final level of $0.995.