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What’s next for Liquity? Sam | Liquity pointed to four clear growth levers: 🔹 Yield-bearing ETH vaults 🔸 Treasury rotation into decentralized stables 🔹 More forks going live 🔸 New DeFi venues for BOLD Where do you think Liquity will see the next phase of growth?

11,564 views • 4 months ago •via X (Twitter)

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We are thrilled to announce the upcoming launch of Enosys Loans, a friendly fork of Liquity V2 by Liquity, deployed on the Flare ☀️. This marks a historic milestone in the DeFi landscape as the first-ever Collateralized Debt Position (CDP) protocol to leverage XRP (FXRP) as collateral to mint a stablecoin. Initially supporting FXRP and wFLR as collateral - but with plans to expand support to include staked XRP (stXRP from Firelight ), FBTC (Bitcoin bridged to Flare), and other assets - Enosys Loans is poised to unlock unprecedented utility for major cryptocurrencies like XRP and Bitcoin in decentralized finance. By harnessing Flare’s advanced infrastructure, including the Flare Time Series Oracle (FTSO) for decentralized collateral pricing, Enosys Loans is set to redefine how non-smart contract assets participate in DeFi. Unlocking DeFi for XRP For the first time, XRP holders can use their assets as collateral in a CDP to mint a new stablecoin, enabling participation in DeFi applications such as lending, borrowing, and yield generation while still maintaining exposure to the underlying FXRP. This is a transformative step for XRP, which, due to the XRP Ledger’s lack of native smart contract functionality, has historically been excluded from the broader DeFi ecosystem. The planned inclusion of FBTC will further extend this capability to Bitcoin, unlocking the potential of two of the most valuable cryptocurrencies-representing trillions in market capitalization-for DeFi use cases. A Friendly Fork of Liquity V2: Proven and Enhanced Enosys Loans builds on the robust foundation of Liquity V2, a leading CDP protocol on Ethereum known for its efficiency, low fees, and user controlled interest rates. By forking Liquity V2, Enosys inherits its battle-tested mechanics while tailoring the protocol to Flare’s unique capabilities. This friendly fork enhances Liquity’s model by integrating Flare’s decentralized infrastructure, ensuring Enosys Loans is optimized for scalability, security, and interoperability. Flare FTSO: Decentralized and Reliable Price Feeds A cornerstone of Enosys Loans is its use of the Flare Time Series Oracle (FTSO) for decentralized collateral pricing. Unlike traditional oracles that may rely on centralized data sources, FTSO aggregates price feeds from independent signal providers, delivering highly accurate and tamper-resistant data for assets like FXRP and FBTC. This ensures that Enosys Loans maintains precise collateral-to-debt ratios, protecting users from volatility and enabling trustless, secure borrowing. With the FTSO’s ability to scale to thousands of data feeds (as seen with FTSO V2), Enosys Loans is future-proofed for supporting an expanding range of collateral types. Delegation Rewards and FlareDrops In keeping with the Enosys ethos, all wFLR that is used as collateral will be delegated on the owners behalf. This wFLR will receive delegation rewards and FlareDrops which will be claimable by the owner when distributed by the Flare systems. Expanding Collateral Options Enosys Loans will initially support FXRP and wFLR as collateral, enabling XRP holders to mint a stablecoin for use in Flare’s DeFi ecosystem. However, the protocol’s roadmap includes support for stXRP, FBTC, and other F-Assets, creating a versatile platform that caters to diverse user needs. This expansion will position Enosys Loans as a multi-asset CDP, allowing users to leverage a variety of high-value cryptocurrencies while maintaining the protocol’s decentralized and trustless ethos.

Ēnosys

323,550 views • 11 months ago

🚨 BREAKING: VeChain (VET) Holders… The ULTIMATE PoA 3.0 upgrade is HERE! 🚀 🔄 RETWEET if you’re ready for a decentralized revolution! 💬 COMMENT: What’s your price target for VET? 🔥 VeChain GAME-CHANGING update that: • Boosts security with 101 validator nodes 💪 • Democratizes staking with NEW economic tiers 💎 • Ditches KYC for instant, barrier-free access ⚡ 📊 POLL: How high will VET soar? 🔼 $0.50–$1 🚀 $1–$3 💎 $3+ 💡 TAG a friend who needs to see this! 👉 Join our free Discord for insider insights and be part of the VeChain revolution! 🔹 BREAKING VeChain News: Discover the GAME-CHANGING PoA 3.0 update set to 0:00revolutionize blockchain access! 🔹 INSANE Intro: VeChain’s leap into a new era with PoA 3.0 explained. 0:30 🔹 MIND-BLOWING Validator Overhaul: Why increasing validators to 101 means next-level security & decentralization. 0:55 🔹 HUGE Economic Node Tiers: Lower staking barriers & more inclusive participation for EVERY crypto enthusiast. 1:28 🔹 REVOLUTIONARY Delegation & No KYC: Simplifying entry while boosting network strength! 1:55 🔹 Deep Dive: How PoA 3.0 is setting the stage for a decentralized, accessible future. 2:38 🔹 JOIN the Conversation: Engage in our Discord for behind-the-scenes blockchain insights. 3:11 🔹 FUTURE VISION: VeChain’s bold initiatives for 2025 and beyond—don’t miss it! 3:32 #VeChain #VET #Crypto #Blockchain #DeFi #Altcoins

Cheeky Crypto

14,929 views • 1 year ago