DeFi Lender Liquity (LQTY) Announces Protocol Upgrade, New Stablecoin Bold in White Paper

“LUSD has great diversification capabilities, but it doesn’t have the built-in flexibility to adapt to changing market conditions, such as rising or falling interest rates,” Samrat Lekhak, head of business development and communications at Liquity, said in an interview. Via Telegram. “The era of positive interest rates means there is a need for an ongoing revenue stream for the stablecoins that bold provides.”