Liquity will redeploy V2 in mid-March, and existing V2 users are advised to close their positions and loans

02-21

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Foresight News reported that the decentralized lending platform Liquity stated that Liquity V2 will be redeployed in mid-March. The remediation program for Liquity V2 has been developed, and the auditors will begin the audit on the upcoming weekend. After the audit is completed, the redeployment of Liquity V2 is planned for mid-March. The currently deployed Liquity V2 will become a legacy protocol. Liquity V2 Stability Pool users should immediately close their positions; Liquity V2 BOLD borrowers should close their loans if the liquidity conditions remain favorable; BOLD holders without loan positions should sell their BOLD.

Foresight News previously reported that on February 12, Liquity stated that it was investigating potential issues affecting the V2 Stability Pool.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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