Community Rewards - November

By Liquity
Jan 16, 2024, 9:38 AM
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Submissions are now open for community members who contributed to the expansion of the Liquity ecosystem to claim their rewards.​

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Read more about Liquity

Liquity V2 Launches Immutable ETH-Backed Stablecoin BOLD

Liquity V2 has introduced **$BOLD**, a stablecoin designed with strict decentralization principles. **Key Features:** - **Immutable protocol** - no future changes or upgrades possible - **ETH-only collateral** - backed exclusively by ETH, wstETH, and rETH - **Protocol-enshrined real yield** - built-in yield generation - **Ethereum-native** - designed specifically for the Ethereum ecosystem The protocol represents a commitment to pure DeFi principles, removing governance risks and maintaining permanent decentralization through its immutable design.

Liquity V2 Adopts ENS-Based Naming for Smart Contract Infrastructure

Liquity V2 has implemented ENS-based naming across its core smart contract infrastructure through Enscribe. **Key Changes:** - Each contract receives a structured ENS name reflecting its function - Contracts organized under hierarchical namespace (e.g., v2.liquity-protocol.eth, governance.liquity-protocol.eth, token.liquity-protocol.eth) - Human-readable, verifiable identity for each contract **Benefits:** - Improved auditability and clarity across audits - Reduced integration risk for developers - Easier verification of onchain interactions across wallets and explorers - Better tooling compatibility The structured namespace mirrors Liquity V2's architecture, making the protocol's contract organization more transparent and accessible. [Read more](https://www.enscribe.xyz/blog/liquity)

🔄 New Liquidity Opportunity: rETH-BOLD on Uniswap V4

A new liquidity provision opportunity has emerged for BOLD stablecoin users: **Two-Step Process:** 1. **Mint BOLD** - Use rETH (Rocket Pool's liquid staking token) as collateral to mint BOLD through any Liquity frontend 2. **Provide Liquidity** - Deploy your BOLD tokens as a liquidity provider on Uniswap V4 via [Merkl](https://app.merkl.xyz/opportunities/ethereum/UNISWAP_V4/0x5d0ed52610c76d7bf729130ce7ddc0488b2f4bd0a0db1f12adbe6a32deaff893) **Context:** This builds on Liquity's existing ecosystem where users can mint BOLD using liquid staking tokens or ETH, then deploy it across various DeFi protocols including Yearn Finance's ysyBOLD vault and Asymmetry Finance's lending platform. The Uniswap V4 pool offers a direct way to earn trading fees while maintaining exposure to both rETH and BOLD.

🎙️ Epicenter Podcast Clip

A podcast clip from Epicenter has been shared, featuring discussion on current crypto and blockchain topics. The clip appears to be part of a longer episode covering industry developments and market analysis. - **Source**: Epicenter podcast - **Format**: Video clip with timestamp - **Platform**: YouTube This follows previous crypto market coverage including Bitcoin volatility, jobs report impacts, and major exchange earnings. [Watch the clip](https://youtu.be/UmPA0T9Cdjk?t=654)

15+ Venues Now Available for BOLD Token Yield Farming

**BOLD token holders** can now access **15+ different venues** to earn yield on their holdings. The comprehensive list includes platforms offering: - Double-digit returns on BOLD deposits - Potential airdrop opportunities - Various DeFi protocols and yield strategies All venues are tracked and accessible through a dedicated [Dune Analytics dashboard](https://dune.com/liquity/liquity-v2-yields) that provides real-time data on yields and links to each platform. *Check the dashboard to compare rates and find the best yield opportunities for your BOLD tokens.*

DeFi