🧵 Protocol of the Day: @LiquityProtocol
Liquity is a decentralized borrowing platform on Ethereum. It lets you deposit ETH or liquid staking tokens (LSTs) as collateral to mint stablecoins like LUSD (pure ETH-backed) and BOLD (ETH + LST-backed).
✅ Pros:
• Fully immutable

Sector:
From Twitter
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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