Liquity v2 Launching Staked LQTY Protocol Incentives

By Novasky | DevPress | 15 Sep 2024


Staking rewards are fun. And Ethereum ecosystem has plenty of them. And in such case you can see that Liquity V1 is known for it's staking staking rewards too. Ethereum is very vast when it comes to the delegation based pools from which stakers make money. 

Ethereum is one of those ecosystem where the staking and restaking and other fintech protocols are grows. Liquity is one such fintech protocol where you have the option to stake and the voting weight based ecosystem to grow the reward pool.

Liquity v2 does not require the locking. As long as you stay staked and also the longer you remain staked you get the voting power. You earn locking rewards from v1 and also from the v2 with 25% incentives.

You may have questions on how the liquity rewards are created? You can get the answer of the pool from tweet.

 

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That’s not all you may also wonder from where the incentive rewards are coming out. And how they are being distributed are being answered by official team. External providers are around 25% and the 75% of the rewards are from the reward pool.

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Why does voting power is required? In the protocol stakers have the vote for the direction of the protocol investment. And this would be possible for the stakers based on their stakes in the pool.

Liquity has also made it’s protocol code open source and it’s hosted on the github. And the v2 protocol is being launched in November. So let’s see how the future goes for the liquity.

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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