Liquity V2 to Introduce Dual Farming with Staking Rewards
CryptoNewsTerminal Staff11 Sep, 2024
Liquity V2 to Introduce Dual Farming with Staking Rewards
Liquity, the popular DeFi lending protocol, has announced the upcoming launch of its V2 staking module. This new feature will allow LQTY holders to earn rewards from both V1 and V2, without any lockup period. To participate, users simply need to stake their LQTY in the new V2 staking module. The longer they stake, the more governance voting power they will receive. This gives LQTY holders a direct say in the future of the protocol. By introducing dual farming, Liquity is providing additional incentives for users to hold and stake LQTY, which is expected to strengthen the protocol’s governance and long-term stability.
