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Liquity is a decentralized lending protocol that allows users to borrow a stablecoin called LUSD (pegged to the US dollar) using Ethereum as collateral. It also introduces a fully redeemable stablecoin, LQTY. The protocol, designed by Robert Lauko, aims to offer a more capital-efficient and lower-risk alternative to existing systems like MakerDAO.

Liquity is a decentralized lending protocol built on Ethereum, allowing users to deposit ETH as collateral to a Trove to obtain interest-free loans which are paid out in the USD-pegged stablecoin LUSD. Users can deposit LUSD into Liquity's Stability Pool to earn income.

Gate Research Daily Report (August 26): BTC and ETH prices fluctuated within a narrow range, with $65,000 acting as a short-term resistance level. Floor prices for NFT collections like BAYC and Pudgy Penguins saw significant recoveries. Mt. Gox wallet Bitcoin holdings have decreased by approximately 68.3%. TON tokens plummeted following the arrest of their founder, with related ecosystem tokens also declining. Projects like Orderly Network and Corn are set to launch airdrops in the near future.

Gate Research Weekly Review & Outlook: Over the past week, BTC retreated after a brief uptick, falling nearly 3%, while its market dominance reached a new cycle high of 55.95%. ETH mirrored BTC's weakness, dropping over 3.9%. Bitcoin ETFs saw net inflows exceeding $28 million this week, while Ethereum ETFs continued to experience net outflows. Despite Nvidia's earnings beating expectations, its stock plummeted in after-hours trading, triggering a pullback in AI-related tokens. Sony's new Layer 2 solution, Soneium Minato, launched with impressive momentum, seeing 1,000 ETH staked within its first minute. Notably, significant amounts of OP and SUI tokens are set to be unlocked soon. Meanwhile, the viral success of the game "Black Myth: Wukong" has sparked speculation in related meme tokens.

Angle Protocol is a decentralized stablecoin protocol that secured a $5 million seed funding round led by a16z, aimed at resolving issues related to Euro savings.

As the largest lending protocol on zkSync, ZeroLend, on the verge of its token launch, offers not only airdrops to PYTH stakers but also mining opportunities to earn protocol, zkSync, and LayerZero airdrops.

The f(x) project contributes a structured product similar to financial tranches to Ethereum's DeFi ecosystem through the application of several simple mathematical equations.