Liquity v2: Why user-set interest rates are a BOLD move forward π΅
To date there is no protocol that has created an efficient interest-rate market between borrowers and stablecoin holders.
This is about to change. βοΈ
In DeFi we have:
- Fixed one-time origination fee - e.g.β¦
@LiquityProtocol
> Weβre yet to see a market-driven mechanismβ¦.. till now.
RAI has had market-driven interest rates in prod for 3 years, but go off king