BOLD & sBOLD Collateral Features on Euler Finance

**Ebisu Finance** has launched on Plasma, offering DeFi users new borrowing and yield opportunities. **Key Features:** - Borrow at **fixed interest rates** using XPL, syrupUSDT, sUSDAI and other assets - **Loop yield-bearing stablecoins** for enhanced returns - Earn **passive yield** through the Stability Pool This follows recent developments on Plasma, including Pendle's PT-USDe and PT-sUSDe integration with Aave, which has driven fixed yields up to **21% higher** than other chains. The Plasma ecosystem continues expanding with battle-tested DeFi infrastructure and competitive rates.

**BOLD supply and TVL reach record levels**, driving protocol revenue higher in a self-reinforcing cycle. **Key metrics:** - 523K BOLD distributed through PIL program - $45K earned by LQTY stakers in bribes - Revenue growth fuels higher PIL rewards and bribes **The symbiotic system works:** As BOLD adoption increases, rewards grow for all participants. **For LQTY stakers:** Vote on liquidity allocation. New Uniswap v4 proposal aims to deepen liquidity pools. **For projects:** Propose initiatives to earn sustainable stablecoin rewards. **For borrowers:** Access DeFi's lowest borrowing rates. Check the [protocol dashboard](https://dune.com/liquity/protocol-incentivized-liquidity) for real-time metrics.

Liquity announced September Community Rewards for creators. **How to participate:** - Create unique content about V2 or $BOLD - Post in their Discord - Win rewards based on quality and reach The program values contributions highlighting Liquity V2's unique benefits and BOLD's advantages. Check [this week's winner](https://discord.com/channels/700620821198143498/1418719728352100493) for inspiration on successful submissions.

sBOLD, a new yield-bearing token, has launched on Spectra Finance with several key features: - Offers leveraged exposure to 20+ potential airdrops - Provides ~7% stablecoin base rate - Can be used as collateral on Euler Finance - Supports borrowing with up to 92.5% LTV (95% LLTV) - Auto-compounds BOLD yield - Audited by Chain Security and Dedaub The token enables users to earn protocol yield while borrowing, and can be integrated across DeFi platforms and money markets. Users can deposit sBOLD (earning 6%) and borrow USDC at 4.7% rates for additional leverage opportunities.