On January 24th, according to The Block, Litquity, an Ethereum-based lending protocol, has launched the second version of its app, Litquity V2. Liquity V2 will allow borrowers to choose their own interest rate when borrowing and staking ETH from RocketPool or Lido. Liquity has also launched a "non-dollar" stablecoin called BOLD, which is fully backed by ETH and ETH derivatives. According to the filing, all revenue generated by Liquity V2 will go to BOLD, with 75% going to a stable pool of depositors and 25% to "protocol-incentivized liquidity" for liquidity providers.