Litquity has launched version V2: it supports users to set their own interest rates, and introduces the stablecoin BOLD

January 24 news, according to The Block report, the Ethereum-based lending protocol Litquity has launched its second version of the application, Litquity V2. Liquity V2 will allow borrowers to choose their own interest rates when borrowing ETH and pledging ETH from RocketPool or Lido. Liquity also introduced a "non-US dollar" stablecoin named BOLD, which is fully supported by ETH and ETH derivatives. According to documents, all revenues generated by Liquity V2 will be used for BOLD, with 75% going towards depositors' stability pool and 25% being used for liquidity providers' "protocol incentive liquidity".