Lybra Finance and Lybra V2:

**1. Lybra Finance Update:** Lybra #Finance , an interest-bearing stablecoin protocol, has announced the launch of Lybra V2, which is an updated version of their protocol.

**2. Migration Requirement:** Users of Lybra Finance are required to migrate their V1 LBR (Lybra stablecoin) to V2 LBR before 8:00 AM on October 1st. However, there is no specific deadline set for the migration of V1 eUSD (the stablecoin eUSD).

**3. V2 Mining Plan:** The V2 mining plan is scheduled to commence on September 7th.

**4. New Features:** Lybra #V2 introduces several new features, including cross-chain functionality, an expanded range of options for using LST (Lybra Stability Token) as collateral, enhanced fund security measures, and a new mechanism to maintain the eUSD peg while supporting the value of LBR (Lybra Reserve Token).

**5. Minting Options:** On Lybra V2, users will have two different methods to mint eUSD and peUSD, with peUSD being the cross-chain version of eUSD.

This update highlights the improvements and changes introduced in #Lybra Finance's V2 version, aiming to provide users with enhanced functionality and stability for their #stablecoin ecosystem. Users are encouraged to complete the migration process before the specified deadline.