Announcement of Evolution to Customer Data Platforms

馃敟 Game-Changing CDP News...

By Liquity
May 16, 2024, 7:07 PM
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On May 14, 2024, a significant development in the field of customer data platforms (CDPs) was announced.​ The details of this 'evolution' were not provided, but the bold statement suggests a major advancement or change is forthcoming in how CDPs operate or are utilized.​

Sources

It's time for an evolution to CDPs. BOLD.

CoinDesk
CoinDesk
@CoinDesk

DeFi lender @LiquityProtocol unveiled the white paper for its upgraded protocol with new a stablecoin, $BOLD, that includes liquid staking tokens as collateral and allows user-set borrowing rates. By @sndr_krisztian reports trib.al/v7qTsEE

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馃搳 BOLD Stablecoin Adds $3M Supply and $18M TVL in 30 Days

馃搳 BOLD Stablecoin Adds $3M Supply and $18M TVL in 30 Days

**BOLD stablecoin reports monthly growth metrics:** - Supply increased by $3M - Total Value Locked (TVL) grew by $18M - Added 48 new BOLD holders - Gained 15 new borrowers The protocol positions itself as offering competitive borrow rates while maintaining decentralization. BOLD is developed by the team behind LUSD (Liquity V1), which previously reached $5B in peak TVL and has operated for over 4 years without governance interference. The stablecoin aims to serve as a crypto-native alternative in the decentralized finance ecosystem.

Liquity V2 Cuts Borrowing Costs to 0.50% with Automated Rate Management

Liquity V2 Cuts Borrowing Costs to 0.50% with Automated Rate Management

**Liquity V2 introduces Rate Delegation feature** A user successfully reduced their borrowing rate from 5.90% to 0.50% automatically, maintaining this low rate for over a month. **How Rate Delegation works:** - Professional rate managers continuously adjust your borrowing rate - Optimizes for protection against redemptions - Keeps loan costs as low as possible - No manual intervention required **Key benefits:** - 10x cheaper borrowing costs compared to previous rates - Automated optimization - Protection from redemption risks This feature represents a significant improvement in DeFi borrowing efficiency, allowing users to access competitive rates without active management.

BOLD Stablecoin Rating Methodology Now Available on Pharos Watch

Pharos Watch has published its rating methodology for BOLD, Liquity's decentralized stablecoin. **Key Details:** - Rating methodology now accessible at [Pharos Watch](https://pharos.watch/stablecoin/bold-liquity/) - BOLD previously received an A- rating from Bluechip - The stablecoin operates without freeze functionality **Background:** BOLD is Liquity's stablecoin designed with decentralization principles, preventing any central authority from freezing user funds. The Pharos Watch methodology provides transparency into how the stablecoin is evaluated across various risk and performance metrics. Users can access BOLD through [Liquity's borrowing platform](https://liquity.app/borrow) or purchase it via [DeFi aggregators](https://swap.defillama.com/).

BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI

BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI

**BOLD stablecoin has secured an A- rating from Bluechip**, making it the only crypto-native stablecoin to achieve an A-tier rating. This places BOLD above established competitors like USDC and DAI, which both received B+ ratings. **Key highlights:** - First crypto-native stablecoin with A-tier rating - Rated higher than USDC (B+) and DAI (B+) - Cannot be frozen, unlike centralized alternatives The rating reflects BOLD's strong fundamentals and decentralized architecture. Users can access BOLD through [Liquity's platform](https://liquity.app/borrow) or purchase it via [DeFi aggregators](https://swap.defillama.com/). View the full Bluechip rating analysis at [bluechip.org](https://bluechip.org/en/coins/bold) and read the detailed breakdown at [Liquity's blog](http://www.liquity.org/blog/bold-receives-a--rating-from-bluechip).

馃攧 Liquity Expands BOLD Liquidity Incentive Program

Liquity is calling for liquidity providers to support BOLD stablecoin across multiple decentralized venues. **Key Details:** - Protocol-incentivized liquidity program now active - Multiple venues available for BOLD liquidity provision - Track opportunities via [Dune Analytics dashboard](https://dune.com/liquity/protocol-incentivized-liquidity) **Available Venues Include:** - BOLD/USND on [Bunni](https://bunni.xyz/explore/pools/arbitrum/0x2edd6d9772510c6d661dae96ac65838fd18a535763aaed2b4d5311c87c1cdf95) - BOLD/USDQ on [Honeypop](https://honeypop.app/pools/45) - BOLD/USDFI on [Curve](https://www.curve.fi/dex/ethereum/pools/factory-stable-ng-524/deposit/) - BOLD/AXD on [Pharaoh Exchange](https://pharaoh.exchange/manage/v1/0x3fc764ae09eec2f54b1956febfeaa75d17a596bc) Liquidity providers can bridge BOLD to supported networks using [Transporter](https://www.transporter.io/). View the full [Liquity V2 ecosystem dashboard](https://dune.com/liquity/liquity-v2-ecosystem) for deposit venues.

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