Odaily News LSD stablecoin protocol Lybra Finance issued a document on the 21 oclock. 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. Allow V1 LBR tokens to migrate tokens to V2, the migration fee is 3%, and the set end The date is 3 months, and it is recommended that the migration fee (i.e. 61,979.01 LBR) be exchanged for USDC and distributed to V2 esLBR holders; 2. V1 LBR tokens are allowed to migrate tokens to V2 with a migration fee of 20%, set The end date is 3 months, and the migration fee is withdrawn from circulation; 3. 2,065,967 LBRs that have not been migrated from V1 to V2 before the deadline are removed from the circulating supply.