Liquity V2 Launches $350K Security Audit Competition
Liquity V2 Launches $350K Security Audit Competition
🔍 Hunt Bugs, Get Paid
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 V2 Bug Bounty Program Launches on Cantina
Liquity has launched its V2 bug bounty program on Cantina, following the completion of their audit competition which ran from March 21 to April 27, 2025. The audit competition offered up to $350K in rewards for security researchers. Key points: - Bug bounty program is now active on Cantina platform - Previous audit competition concluded successfully - Security researchers can submit findings through [Cantina](https://cantina.xyz) This represents Liquity's continued commitment to security and protocol robustness.
GyroStable Launches Concentrated BOLD-USDC Pool on Balancer
**New Liquidity Developments for BOLD**: - GyroStable establishes concentrated BOLD-USDC pool on Balancer, competing for Protocol Incentive Layer (PIL) emissions - Three additional incentivized pools boost BOLD liquidity: • SmarDex pool on Balancer with Paladin bribes • Ekubo Protocol pool with new incentive campaign • Protocol FX pool on Curve with FXN gauge incentives All initiatives leverage PIL for sustainable rewards. SmarDex proposal currently open for LQTY staker voting. [View GyroStable Proposal](https://voting.liquity.org/t/gyroscope-initiative-bold-usdc/94)
Liquity V2 Explained in Spanish
Liquity, the decentralized borrowing protocol, is launching Version 2 with significant upgrades. Key improvements include: - Multi-collateral support beyond just ETH - Enhanced stability mechanisms - Improved liquidation processes - New governance features The protocol maintains its core principles of transparency and efficiency while expanding functionality. Spanish-speaking users can now access comprehensive documentation and guides in their native language. *Note: This update represents a major evolution for the Liquity ecosystem, making DeFi lending more accessible to the Spanish-speaking community.*
sBOLD Yield Opportunities and Ecosystem Growth
sBOLD holders can now earn 31% APR through Spectra Finance liquidity provision, plus additional fork rewards. The BOLD ecosystem has expanded significantly in just 37 days, offering yield opportunities across 8+ venues: - Yield-bearing options via K3 Capital (sBOLD) and Yearn (yBOLD) - Yield tokenization on Pendle and Spectra Finance - Money market integration with Euler Finance - LP opportunities on Curve, Ekubo, Aerodrome, Velodrome, and Balancer The protocol has secured 20+ friendly fork agreements, each committing to airdrop ~4% of tokens to Liquity V2 users. Check your rewards at [Dune Analytics](https://dune.com/liquity/v2-leaderboard).
sBOLD Launch Brings Enhanced Yield and Airdrop Exposure
sBOLD, a new yield-bearing token, has launched on Spectra Finance with several key features: - Offers leveraged exposure to 20+ potential airdrops - Provides ~7% stablecoin base rate - Can be used as collateral on Euler Finance - Supports borrowing with up to 92.5% LTV (95% LLTV) - Auto-compounds BOLD yield - Audited by Chain Security and Dedaub The token enables users to earn protocol yield while borrowing, and can be integrated across DeFi platforms and money markets. Users can deposit sBOLD (earning 6%) and borrow USDC at 4.7% rates for additional leverage opportunities.