Liquity V2 Introduces $BOLD: A New Crypto-Native Stablecoin

馃殌 BOLD move in DeFi

By Liquity
Oct 10, 2024, 2:04 PM
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Liquity V2 has launched $BOLD, a new crypto-native stablecoin with unique features:

  • 24/7 Redemptions: Users can exchange $BOLD for underlying ETH at any time
  • Trustless System: No intermediaries or centralized control
  • No KYC Required: Maintains user privacy
  • High Liquidity: Matches the liquidity of its ETH collateral

Liquity aims to provide a stablecoin solution that aligns with DeFi principles, offering users a bold alternative in the cryptocurrency ecosystem.​

Key Takeaway: $BOLD represents a step towards more decentralized and accessible stablecoin options in the DeFi space.​

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馃殌 Ambire Wallet Enables Gas Payments with $BOLD

Ambire Wallet has expanded its gas payment options to include **$BOLD** for all users. This builds on Ambire's position as the **first wallet to introduce the Gas Tank concept** back in 2024, which allows users to pay transaction fees using various tokens instead of native blockchain currencies. **Key points:** - $BOLD now accepted for gas payments across Ambire Wallet - Available to all Ambire users immediately - Continues Ambire's innovation in flexible gas payment solutions The Gas Tank feature simplifies the user experience by eliminating the need to hold specific native tokens for transaction fees.

BOLD/USDC Uniswap V4 Pool Now Offering 18% APR in BOLD Rewards

BOLD/USDC Uniswap V4 Pool Now Offering 18% APR in BOLD Rewards

The BOLD/USDC liquidity pool on Uniswap V4 is currently yielding **18% APR**, with rewards paid directly in BOLD tokens. **Key Details:** - Yield paid in BOLD tokens, not external rewards - Additional 0.05% trading fees on top of base APR - LQTY voters recently approved increased rewards for the pool - BOLD positions itself as a censorship-resistant stablecoin This represents a significant increase from the 10% APR offered in February and the 15%+ rates seen earlier in April. Liquidity providers earn continuous BOLD rewards plus swap fees from trading activity. The pool combines yield farming opportunities with exposure to what the protocol describes as one of the most censorship-resistant stablecoins in the market.

BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI

BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI

**BOLD stablecoin has secured an A- rating from Bluechip**, making it the only crypto-native stablecoin to achieve an A-tier rating. This places BOLD above established competitors like USDC and DAI, which both received B+ ratings. **Key highlights:** - First crypto-native stablecoin with A-tier rating - Rated higher than USDC (B+) and DAI (B+) - Cannot be frozen, unlike centralized alternatives The rating reflects BOLD's strong fundamentals and decentralized architecture. Users can access BOLD through [Liquity's platform](https://liquity.app/borrow) or purchase it via [DeFi aggregators](https://swap.defillama.com/). View the full Bluechip rating analysis at [bluechip.org](https://bluechip.org/en/coins/bold) and read the detailed breakdown at [Liquity's blog](http://www.liquity.org/blog/bold-receives-a--rating-from-bluechip).

馃攧 Liquity Expands BOLD Liquidity Incentive Program

Liquity is calling for liquidity providers to support BOLD stablecoin across multiple decentralized venues. **Key Details:** - Protocol-incentivized liquidity program now active - Multiple venues available for BOLD liquidity provision - Track opportunities via [Dune Analytics dashboard](https://dune.com/liquity/protocol-incentivized-liquidity) **Available Venues Include:** - BOLD/USND on [Bunni](https://bunni.xyz/explore/pools/arbitrum/0x2edd6d9772510c6d661dae96ac65838fd18a535763aaed2b4d5311c87c1cdf95) - BOLD/USDQ on [Honeypop](https://honeypop.app/pools/45) - BOLD/USDFI on [Curve](https://www.curve.fi/dex/ethereum/pools/factory-stable-ng-524/deposit/) - BOLD/AXD on [Pharaoh Exchange](https://pharaoh.exchange/manage/v1/0x3fc764ae09eec2f54b1956febfeaa75d17a596bc) Liquidity providers can bridge BOLD to supported networks using [Transporter](https://www.transporter.io/). View the full [Liquity V2 ecosystem dashboard](https://dune.com/liquity/liquity-v2-ecosystem) for deposit venues.

Liquity V2 Stability Pools Offer 8% APR with Minimal Monitoring

Liquity V2 Stability Pools Offer 8% APR with Minimal Monitoring

Liquity V2's Stability Pools provide a low-maintenance yield opportunity for DeFi users seeking steady returns. **Key Features:** - Earn approximately 8% APR without weekly monitoring - Functions as a DeFi savings account - Designed for passive income generation The platform positions itself as a lower-risk alternative in the DeFi lending space, emphasizing stability and ease of use. Users can deposit funds and earn yield without active management. **Additional Context:** - Liquity borrowers save around 2% compared to other platforms - Volatility remains below industry averages - Option to delegate to rate managers for optimized returns For users tired of constant portfolio adjustments, Liquity's Stability Pools offer a set-and-forget approach to earning yield in decentralized finance.

DeFi