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TechFlow news: Lybra Labs has released a new proposal stating that due to Lybra V2's total value locked (TVL) exceeding $300 million, while Lybra V1's TVL has dropped to less than $25 million and approximately 95% of assets have migrated to V2.
The proposal suggests halting the rebase function for Lybra V1 eUSD, setting its annual percentage yield (APY) to 0%, and terminating any further rewards.
Lybra Labs has released a new proposal stating that due to Lybra V2's total value locked (TVL) exceeding $300 million, while Lybra V1's TVL has dropped to less than $25 million and approximately 95% of assets have migrated to V2, it is recommended to disable the rebase function for Lybra V1 eUSD, set its annual percentage yield (APY) to 0%, and terminate further rewards.
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