Throttled Redemptions at V2 Launch.
With V2 now live, a reminder on throttled redemptions.
This means two things:
1. Users will have significantly lower redemption risk, giving them time to set an appropriate interest rate.
2. Arbitrageurs will be able to acquire cheap $BOLD in case of price drops below peg.
This period will last for approximately 48 hours, after which the price at which redemptions support a floor will reach the final level of $0.995.

19
2.94K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.