The Lybra Finance community voted to extend the V1 LBR migration deadline to January next year with a 3% migration fee

Odaily Planet Daily reported that LSD stablecoin protocol Lybra Finance issued a document on the At 21:00 on March 16th. Starting at 21:00 on October 16th, existing V1 LBR holders can start migrating their tokens to V2 esLBR. A 3% migration fee will be distributed to esLBR holders on a weekly basis, with the first migration fee being distributed on October 23. More details will be announced on October 16th. According to previous news, Lybra Finance proposed a community proposal containing three treatment suggestions for V1 tokens that have not been migrated to V2, including: 1. V1 LBR tokens are allowed to migrate tokens to V2 with a migration fee of 3% and a set end date of 3 months. It is recommended that the migration fee (i.e. 61,979.01 LBR) be converted into USDC and allocated to V2 esLBR holdings By; 2. Allow V1 LBR tokens to migrate to V2 with a migration fee of 20%, a set end date of 3 months, and the migration fee will be withdrawn from circulation; 3. Remove 2,065,967 LBRs that have not been migrated from V1 to V2 before the deadline from the circulating supply.