Liquity to Release Quill Finance on May 7th

Liquity announces that Quill Finance, the Scroll native fork of Liquity v.2.0, is set to launch on May 7.Quill Finance will offer users the ability to borrow USDQ against assets such as ETH, wstETH, weETH, and SCR, unlock stablecoin liquidity with collateral, and set their interest rates.LQTY InfoLQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 110%.In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is non-custodial, immutable, and governance-free.