Coinspect Completes Security Audit of Liquity V2 Protocol
Coinspect Completes Security Audit of Liquity V2 Protocol
🔍 Fresh Eyes on V2
Liquity AG has received the latest core audit report from Coinspect for their V2 protocol implementation. This follows multiple security reviews conducted over recent months to maintain Liquity's mission-critical code standards.
- Full audit report available as PDF on Coinspect's website
- Detailed coverage posted on Coinspect's blog
- Additional audits performed by multiple firms including Dedaub
- Technical documentation and modeling simulations accessible on Liquity docs
Previous audits include reviews from ChainSecurity and work on the LQTY voting module.
View complete technical documentation at docs.liquity.org/v2-documentation
The Liquity V2 codebase has been rigorously audited, and we're excited to share the newest core audit report from @coinspect ⚡️ 👇
📢Coinspect's security audit report for @LiquityProtocol Liquity V2 Bold Core is now public! 🔎Learn more about our findings and the inner workings of this cutting-edge #DeFi protocol: 🔗coinspect.com/blog/liquity-v…
BOLD Hits All-Time Highs as Liquity V2 Revenue Cycle Accelerates
**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.
🏆 September Community Rewards
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 Launch Brings Enhanced Yield and Airdrop Exposure
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.
BOLD & sBOLD Collateral Features on Euler Finance
**Key Features of BOLD & sBOLD Collateral:** - Earn protocol yield while borrowing with sBOLD - Gain multiplied exposure to potential airdrops - Access high LTV ratios up to 92.5% (LLTV 95%) **Additional Benefits:** - Auto-compounding ETH rewards via yBOLD - Exposure to 15+ Liquity fork rewards through Stability Pool - Integration with platforms like Spectra Finance and Pendle for PT/YT trading **How to Get Started:** Visit [Euler Finance](https://app.euler.finance/?market=k3-liquity-hub&network=ethereum) to use BOLD & sBOLD as collateral
Bribes for $LQTY Stakers: First Proposals Emerge
Two protocols have submitted the first proposals to compete for $BOLD emissions through PIL, with $LQTY stakers as decision makers: - **SmarDex**: Introduced $USDN, a yield-generating synthetic dollar backed by delta-neutral ETH longs on their perp DEX - **EkuboProtocol**: Presents an AMM protocol featuring super-concentrated liquidity Voting hasn't started yet but proposals are expected to be finalized soon. This follows the recent activation of the bribing mechanism, which allocates 20K $BOLD weekly for V2 ecosystem expansion. [Learn more about SmarDex](https://shorturl.at/S9ePk) [Learn more about Ekubo](https://shorturl.at/DyaAh)