ARM Delegate Discontinued: Users Must Migrate Positions Within 30 Days
ARM Delegate Discontinued: Users Must Migrate Positions Within 30 Days
鈿狅笍 ARM Delegate Shutdown
Critical Action Required for ARM Delegate Users
The ARM delegate has been officially discontinued and removed from the frontend interface. This change specifically impacts users who have delegated their Troves to ARM.
What You Need to Do:
- Move your position to a new delegate within 30 days
- Only affects Troves currently delegated to ARM
- Frontend access has been removed
Need Help? Join the Discord for support and questions about the migration process.
Important update: Rate delegation The ARM delegate is no longer maintained and has been removed from the frontend. This only affects Troves that have delegated to them. Please move your position to a new delegate within 30 days. Questions? 馃憠 Discord.
Liquity Launches BOLD: Immutable Stablecoin with No Admin Control
Liquity has introduced **BOLD**, a stablecoin designed with maximum decentralization and user sovereignty. **Key Features:** - Cannot be frozen or blacklisted by any authority - No admin keys or EOA (Externally Owned Account) control - Fully immutable smart contracts with no upgrade or pause functions - Permissionless minting and redemption available to anyone - Redeemable at $1 for ETH collateral at any time - Automatically funnels yield to stable depositors Unlike traditional stablecoins that can be frozen or controlled by centralized entities, BOLD operates as a "stablecoin of last resort" - once you hold it, it's yours with no third-party intervention possible. The protocol's immutable nature means no future changes can compromise these guarantees. This launch represents a significant step toward truly decentralized stablecoins in the DeFi ecosystem.
Yodl Enables Direct Merchant Payments with $BOLD in Four Countries
Yodl has integrated $BOLD stablecoin for direct merchant payments in Argentina, Brazil, Philippines, and Vietnam. **Key features:** - Pay merchants directly from your wallet - No physical card needed - No custodians or offramp services required - Simply load your wallet and transact The service eliminates traditional payment intermediaries, allowing users to spend cryptocurrency directly at participating merchants. Additional countries are planned for future expansion. This builds on Yodl's existing infrastructure that supports stablecoin card services across multiple regions including the EEA, UK, and various countries in Latin America and Asia.
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.