Community Rewards - October
Community Rewards - October
The Liquity community has announced the recipients of the Community Rewards for October. The winners are @0xZentsu, @kevin_soell, @CryptosWith, and @Syncubate. The rewards, worth a total of 1,000 LQTY, will be paid out in ETH.
Community Rewards - October 馃帀 The recipients will get rewards worth 1'000 #LQTY* @0xZentsu, @kevin_soell, @CryptosWith and @Syncubate Thank you, sers! 馃檹 *Rewards will be paid out in #ETH
Yearn Finance Launches yBOLD - A Yield-Bearing BOLD Token
Yearn Finance has launched yBOLD, a yield-bearing version of $BOLD built on Yearn V3. Key features include: - Automatic yield optimization across Stability Pools - Permission-less and oracle-less architecture - Zero entry/withdrawal fees - Staking rewards via st-yBOLD The launch follows a successful audit competition with Sherlock. yBOLD integrates with Liquity V2, automatically optimizing BOLD across Stability Pools and compounding ETH rewards. [Deposit yBOLD](https://yearn.fi/v3/1/0x9F4330700a36B29952869fac9b33f45EEdd8A3d8) [Learn More](https://docs.yearn.fi/getting-started/products/yvaults/yBold)
Arbitrum Fork #5 Update from Nerite
Nerite, a fork of Liquity V2, is preparing to launch its fifth iteration on the Arbitrum network. This represents a continuation of their development on the L2 platform. - Fork #5 marks another milestone in Nerite's expansion on Arbitrum - Project builds on Liquity V2's foundation with Arbitrum-specific optimizations - Launch timeline remains in active development *Previous announcements indicated an imminent launch, suggesting final preparations are underway.* Follow [@NeriteOrg](https://twitter.com/NeriteOrg) for official launch updates.
Dfinity Launches ARM for Liquity V2 Interest Rate Management
Dfinity has introduced ARM (Automated Rate Management) for Liquity V2, offering users flexible control over their interest rates. - Users can now choose between: * Self-managing their interest rates * Delegating management to third parties like Summerstone The new ARM system provides automated optimization of interest rates, potentially improving yield efficiency for protocol participants. This development marks a significant step in DeFi automation, making interest rate management more accessible to users of varying expertise levels.
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** introduces $USDN: A yield-generating synthetic dollar backed by delta-neutral ETH longs on their perp DEX - **Ekubo Protocol** presents an AMM with super-concentrated liquidity features 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 about SmarDex](https://shorturl.at/S9ePk) [Learn about Ekubo](https://shorturl.at/DyaAh)
Asymmetry Finance Launches as Fourth Liquity V2 Fork
Asymmetry Finance, the latest Liquity V2 fork, is now live on Mainnet. Key features include: - Borrowing $USDaf against BTC variants ($cbBTC, $WBTC) - Support for yield-bearing stables - User-customizable interest rates - Immutable protocol design This marks the fourth fork in the BOLD summer series, following successful launches on Swell Network and Scroll. Users can earn points by utilizing $USDaf across DeFi platforms. [Learn more about Asymmetry Finance](https://asymmetry.finance)