DAOs add LUSD to their treasury; LUSD dipping below peg offers buying opportunities
DAOs add LUSD to their treasury; LUSD dipping below peg offers buying opportunities
Multiple DAOs have added LUSD to their treasury, recognizing its value. Due to redemptions, LUSD has been slightly below its peg, creating buying opportunities. Users can take advantage by setting up limit orders on 1inch or using Mean.fi for dollar-cost averaging. Additionally, Aave is a good platform for borrowing against LUSD.
Many DAOs have come to the same conclusion, and added $LUSD to their treasury. Due to redemptions, LUSD has been dipping slightly below peg, offering great buying opportunities. Acquiring it that way also makes you immune to redemptions. One way users are taking advantage of
The @LiquityProtocol LUSD redemptions might seem bad for metrics and not great for trove holders' UX, but it is definitely a major benefit to LUSD holders who never have to worry about their stablecoin holdings dropping below 99c on the dollar There are trade offs to all designs
Liquity V2 Launch Brings New Yield-Bearing Asset $sBOLD
K3 Capital is launching $sBOLD alongside Liquity V2, offering a novel DeFi savings solution. The asset provides: - Exposure to yield-bearing stablecoin and collateral - Access to Stability Pool rewards from protocol forks - Auto-compounding ETH yield into BOLD tokens *Previous updates revealed 15+ V2-friendly forks planning Q1 launches, with each dedicating 3-5% of token supply for ecosystem incentives.* **Key Benefits:** - Single-asset exposure to multiple yield streams - Passive income from protocol forks - Automated yield optimization [Technical details available in K3's Gitbook](https://k3-capital.gitbook.io/sbold)
Felix Protocol Adds BTC Collateral Support on Hyperliquid
Felix Protocol, a Liquity V2 fork on Hyperliquid, has expanded its collateral options to include BTC. Users can now: - Mint stablecoins using both HYPE and UBTC as collateral - Set custom interest rates - Earn yield through stability pools - Participate in points program for future rewards This development is part of a broader trend of Liquity V2 forks launching across different chains, including Nerite on Arbitrum and DeFiDollar on Mainnet. [Check out Felix Protocol](http://usefelix.xyz)
Liquity V2 Launches $350K Security Audit Competition
Liquity has launched its V2 audit competition on Cantina, offering security researchers rewards from a $350,000 prize pool. The competition runs from March 21 to April 27, 2025. Key details: - Regular bug bounty program suspended during competition period - All findings must be submitted through Cantina platform - Competition focuses on deployment-ready codebase - Part of Q2 2025 mainnet redeployment timeline The audit competition adds extra security scrutiny before V2's immutable deployment. Teams forking Liquity V2 can proceed independently once the patched codebase is public, with access to competition results. [View competition details](https://cantina.xyz/competitions/d86632df-ab33-4448-8198-64955eae6712)
Liquity Launches Earn: A DeFi Alternative to T-Bills
Liquity introduces Earn, a new DeFi product designed to mirror the stability of U.S. Treasury Bills without traditional finance dependencies. Key features: - Stable, secure on-chain asset - Minimal counterparty risk - Full fund custody - Sustainable yield generation The product addresses common DeFi challenges like volatile rates and counterparty risks in tokenized treasuries. Users can deposit $BOLD to access what Liquity positions as DeFi's equivalent to T-Bills. Liquity V2's architecture ensures all protocol revenue from borrower interest flows back to grow the $BOLD stablecoin, creating a self-sustaining yield mechanism.
Liquity V2 Releases First Audit Reports from Multiple Security Firms
Liquity has released initial audit reports for their V2 codebase, which will power the upcoming $BOLD token. Key developments include: - Dedaub completed multiple reviews of both codebase and logic - Certora conducted formal verification - Upcoming reports expected from Coinspect and Reconx - Additional audits from ChainSecurity and Dedaub focused on $LQTY voting module The comprehensive security review involves multiple respected firms in the space, demonstrating a thorough approach to code validation before launch.