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.
The Liquity V2 audit competition with @cantinaxyz starts Thursday. 💰 Up to $350K in total prize pool rewards for security researchers. 👇
A redeployment requires unprecedented levels of security: that’s why we’re excited to announce @liquityprotocol is kicking off a $350k competition on Cantina this Friday, March 21st.
The Liquity V2 Audit Competition on @cantinaxyz is now live! 💰 Up to $350K in total prize pool rewards for security researchers. Explore the scope here: cantina.xyz/competitions/d…
Liquity V2 Audit Competition begins tomorrow! Just 24 hours until the Liquity V2 $350K security competition begins on @cantinaxyz Learn more on the scope and the rewards on offer here: cantina.xyz/competitions
Liquity V2 Redeployment Update and Audit Contest We now have an updated timeline for the redeployment of Liquity V2! Next Week: Publication of the updated and patched V2 codebase March - April: Hosting of a multi-week audit competition Q2: Redeployment of Liquity V2 on
Liquity Distributes 2,500 BOLD Tokens in Community Rewards Program

**Liquity distributed 2,500 $BOLD tokens** to community contributors in their latest rewards round. **Top recipients included:** - @DefiIgnas: 625 BOLD for featuring Liquity in investment newsletter - @lordjorx: 600 BOLD for Spanish video content - Anonymous translator: 675 BOLD for Korean documentation translation - @0xfarmed: 350 BOLD for written article - @gadgeteerth: 250 BOLD for Thai social media thread **The program rewards original content** covering Liquity V2 innovations like user-set borrowing rates, BOLD stablecoin, and yield strategies. **Rewards are retroactive** and distributed monthly based on content quality and reach. Eligible formats include social posts, analytics, tools, and educational materials. [Submit contributions here](https://forms.gle/VzPojH8Z9jNaS2sF7)
Liquity V2 Launches Debt Distribution Tracker

Liquity V2 has introduced a new redemption overview dashboard that tracks how debt is distributed across different interest rates. **Key findings:** - ETH debt shows wide, even distribution except for a concentration at 1.6% - rETH debt is clustered in a narrow range - Dashboard separates managed vs manual loans The new analytics tool provides transparency into borrowing patterns across Liquity's protocol. Users can now visualize debt distribution and loan management strategies. [View the dashboard](https://dune.com/liquity/liquity-v2)
Nerite Reward Program Goes Live on Arbitrum
**Nerite's reward program is officially active**, marking a significant milestone for the Arbitrum-based stablecoin protocol. Nerite represents a **friendly fork of Liquity V2** specifically designed for the Arbitrum ecosystem. The project brings Liquity's proven CDP (Collateralized Debt Position) design to Arbitrum's DeFi landscape. Key details: - Built on Arbitrum's scaling infrastructure - Led by @CupOJoseph and the Nerite team - Aims to provide a native stablecoin for Arbitrum's ecosystem - Uses Liquity's robust CDP framework **Important note**: While Liquity AG has an agreement allowing Nerite to issue V2 stablecoins on Arbitrum, users should conduct thorough research on the project's risk profile before participating. The launch emphasizes a **"slow and steady" approach** to building sustainable DeFi infrastructure on Arbitrum.
Ebisu Allocates 6M Tokens for BOLD Users
**Ebisu**, a Liquity V2 friendly fork, is **dedicating 6 million tokens** to BOLD users across Mainnet and Plasma Foundation networks. The protocol allows users to: - Borrow ebUSD using LBTC, WBTC, sUSDe, and weETH as collateral - Set their own interest rates - Provide liquidity for ebUSD on Curve Finance to earn points **Dedicated LP opportunities** for BOLD & ebUSD will be announced soon. This marks the **7th fork** in the ongoing "fork season" trend, with Ebisu now live on Mainnet. [Track Liquity V2 ecosystem data](https://dune.com/liquity/liquity-v2-ecosystem)
BOLD Token Launches on Hyperliquid EVM with Felix Protocol Integration

**BOLD token is now live on Hyperliquid EVM**, enabling users to provide liquidity in a new Curve Finance pool. **Key Features:** - Liquidity provision between feUSD, BOLD, and USD0 tokens - Earn Felix Protocol points through participation - Points tracking available for both Hyperliquid and Mainnet **How to Participate:** - Provide liquidity on [Curve Finance](https://www.curve.finance/dex/hyperliquid/pools/factory-stable-ng-28/deposit) - Bridge assets using [Chainlink CCIP](http://transporter.io) This integration builds on Felix Protocol's existing Liquity V2 fork on Hyperliquid, which allows borrowing against HYPE tokens at competitive rates.