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$LQTY Current Status & Metrics
• Price: Around $0.92-$0.94 USD per LQTY. 
• Market Cap: Roughly $90-$95 million with ~97-98 million
$LQTY circulating out of a max ~100 million. 
• 24-hour / 7-day performance: Moderate uptick (around +5-6% in 24h, +7-8% over 7 days) showing some bullish momentum. 
🛠 Protocol / Project Updates
• $Liquity V2 Relaunch / Redeployment:
Liquity V2 is live now on Ethereum mainnet. The upgrade introduced several improvements:
• User-driven interest rates (you get to pick your borrowing rate). 
• The stablecoin BOLD, which is immutable, with real yield. 
• Support for LST (Liquid Staking Tokens) collateral (like wstETH, rETH) alongside ETH. 
• Protocol Incentivized Liquidity (PIL) feature, letting LQTY stakers direct rewards / incentives. 
• Chainlink CCIP Integration for BOLD:
BOLD has been set up to be more cross-chain via Chainlink’s interoperability infrastructure. That helps reduce bridge risk and increase where BOLD can operate. 
• Staking & Governance Incentives:
LQTY staking is gaining traction. Stakers can direct incentives for liquidity and potentially receive protocol fees / yields. 
• Revenue Milestones:
The V2 protocol has crossed $500K in revenue over ~90 days since relaunch, driven by BOLD minting and borrowing activity. 
⚠ Risks & Things to Watch🚨
• Tokenomics & Unlocks: With ~97-98M of 100M LQTY already circulating, supply pressure is a concern. How revenue and staking rewards play out will matter. 
• Adoption of BOLD & Liquidity for PIL: If BOLD (stablecoin) doesn’t get enough uptake, or if PIL doesn’t attract external liquidity/bribes, then stakers & the protocol may feel the drag.
• Competition & DeFi Sentiment: DeFi overall has good moments, but macro environment, regulatory risk, and competition from other borrowing/stablecoin protocols can shift momentum fast.
#lqty #DYOR* #projectUpdate #StrategicEarning #CandleSecret