The first Liquity V2 fork launches - Quill Finance, on Scroll ZKP

Quill Finance has launched on Scroll as a native fork of Liquity V2, introducing a new over‑collateralized stablecoin, USDQ, that can be borrowed against assets such as ETH, wstETH, weETH, and Scroll’s SCR token. Quill reuses Liquity V2’s collateralized debt position model and liquidation mechanics while adapting them to Scroll’s zk‑rollup environment, aiming to offer lower fees and faster transactions than on Ethereum mainnet. As part of Liquity’s “friendly fork” program, Quill operates under a Business Source License agreement with Liquity AG rather than as an unlicensed copy. Functionally, Quill extends Liquity V2 by supporting multiple collateral types, including liquid staking tokens, and by issuing its own governance token, QUILL, which will be used for protocol parameter and fee governance. The launch makes Quill the Scroll‑native implementation in Liquity’s cross‑ecosystem expansion strategy, in which licensed forks deploy their own stablecoins while committing a portion of token supply and incentives back to Liquity’s BOLD ecosystem. For Scroll, Quill fills a key infrastructure gap by providing a native, over‑collateralized stablecoin and associated borrowing markets, potentially deepening DeFi liquidity and giving users another way to leverage ETH and LST positions on the network.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Quill & Liquity v2 (docs.quill.finance)
• Quill / Orki - Content Hub Blog (content.subvisual.com)
• another one The @Scroll_ZKP native fork of Liquity V2, @QuillFi is ... (x.com)
• Liquity V2 Whitepaper Explained | Delphi Digital (members.delphidigital.io)
• Friendly Fork Program - Liquity Docs (docs.liquity.org)

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