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Home All Events - Ape O'Clock Lybra V2 Mining Phase 2 Begins

Date

Sep 14 2023
Expired!

TimeUTC

1:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Sep 14 2023
  • Time: 9:00 am

Status

Active

Lybra V2 Mining Phase 2 Begins

Lybra finance is moving to V2, with V2 Phase 2 Mining beginning Sept. 14.

DETAILS
  • New features in V2:
    • Minimum collateral ration 130% for peUSD
    • Flash loans
    • Omnichain
    • Dynamic liquidity provisioning
    • Bribing minting pools
    • Auto loan repayment
    • Peg stability mechanism
    • DAO governance
    • Token burn mechanism
    • Full details on all features are in their V2 introduction Medium
  • Full migration guide for V1 investors is available on their Medium migration guide
    • Users have 1 month to migrate from V1 to V2
    • Users who migrate in the first week will receive rewards for doing sp
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