Liquity V2 and $BOLD: A Comprehensive Guide

馃敭 $BOLD moves revealed

By Liquity
Oct 10, 2024, 2:04 PM
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Liquity, a decentralized borrowing protocol, is launching its V2 upgrade with a focus on $BOLD, its new stability token.​ Key points include:

  • Liquity V2 introduces $BOLD as a central component
  • The upgrade aims to enhance stability and user opportunities
  • @Slappjakke provides an in-depth analysis of the new features

Stability Pool participants can now earn $BOLD, offering new revenue streams.​ The update builds on Liquity's existing strengths while introducing innovative elements to improve the protocol's efficiency and user experience.​

For more details on earning opportunities with $BOLD in Liquity V2, check out the official Liquity blog post.​

Sources

The future is $BOLD. A must read on all things Liquity V2 by @Slappjakke 馃憞

slappjakke
slappjakke
@Slappjakke

If immutable code and decentralization is among your stablecoin requirements, you'll be very excited about $BOLD by @LiquityProtocol With User-set interest rates they're about to create the defi equivalence of tradfi t-bills, beating lending market APRs DeFi's Treasury asset 馃У

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BOLD Stablecoin Tops Dashboard After Major Liquidations Drive 3.6% Daily Returns

BOLD Stablecoin Tops Dashboard After Major Liquidations Drive 3.6% Daily Returns

**BOLD stablecoin has claimed the top position** on the StableWatch dashboard following significant liquidation events. **Key Performance Metrics:** - 3.6% ROI achieved in just one day - Annualized rate of 1000% APR - 31 ETH and 888 wstETH liquidated on Liquity V2 **Yield Distribution:** - Payments made in BOLD, ETH, wstETH, and rETH - Stability Pool depositors receive 75% of borrower interest revenue - Additional liquidation gains when events occur **Yield-bearing variants** from K3 Capital's sBOLD and Yearn's ysyBOLD also delivered similar returns to investors. The strong performance demonstrates how liquidation events can generate substantial returns for stability pool participants in the BOLD ecosystem.

Liquity V2 Stability Pool Depositors Earn 3.6% Daily Returns During Major Liquidation Event

Liquity V2 Stability Pool Depositors Earn 3.6% Daily Returns During Major Liquidation Event

**Liquity V2 processed $3.4M in liquidations** during its first major stress test, generating substantial returns for BOLD stablecoin depositors. **Key Performance Metrics:** - 31 ETH and 888 wstETH liquidated - Stability Pool depositors earned **3.6% ROI in one day** - Annualized rate of approximately 1000% APR - BOLD maintained its $1 peg throughout **How Depositors Benefit:** - Receive 75% of borrower interest revenue in BOLD - Share in liquidation gains when they occur - Yield-bearing variants (sBOLD, ysyBOLD) earned similar returns The protocol operated entirely through **immutable smart contracts**, demonstrating the resilience of decentralized lending systems during market volatility.

gTrade Lists LQTY Token for Trading

**gTrade** has officially added **$LQTY** to its trading platform. The listing expands trading options for users of the decentralized derivatives platform. LQTY is the governance token for Liquity Protocol, a decentralized borrowing protocol. - Users can now trade LQTY perpetual contracts on gTrade - The addition follows gTrade's continued expansion of available trading pairs - LQTY holders gain access to leveraged trading opportunities This listing provides traders with new exposure to DeFi governance tokens through gTrade's perpetual futures interface.

馃嵈 Nine DeFi Venues Now Offering BOLD Fork Rewards

馃嵈 Nine DeFi Venues Now Offering BOLD Fork Rewards

**Nine protocols are now rewarding BOLD liquidity providers** across multiple chains through fork reward programs. **Participating venues include:** - Felix Protocol - Asymmetry Finance - Nerite - Bera Borrow - And five additional protocols Each venue is **allocating a percentage of their token supply** to incentivize BOLD-to-stablecoin liquidity pairs. **Key benefits:** - Cross-chain liquidity rewards - Dedicated LP incentives - Multiple earning opportunities This expansion builds on previous fork reward programs that have generated **APRs ranging from 68% to 3000%** across various protocols. [View all LP opportunities](https://www.liquity.org/forks)

BOLD Hits All-Time Highs as Liquity V2 Revenue Cycle Accelerates

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.

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