Liquity v2: Revolutionizing DeFi Borrowing
Liquity v2: Revolutionizing DeFi Borrowing
🎭 DeFi's plot twist
Liquity v2 is set to transform DeFi borrowing by allowing users to set their own rates. This innovative approach addresses limitations in current models like Money Markets and governance-based CDPs. Key benefits include:
- True market formation: Rates reflect real supply and demand
- User control: Borrowers set rates based on market expectations
- Flexibility: Rates can be adjusted as conditions change
Liquity v2 aims to create a benchmark DeFi market interest rate, fostering a more cohesive ecosystem. The team will be present at upcoming events and welcomes discussions with DeFi enthusiasts and ecosystem builders.
Liquity v2 will bring in a new era for borrowing in DeFi. @SamExotic3 gave a talk @EthCC highlighting why: - Not everyone in DeFi needs to pay the same rates - Liquity v2 is achkyually DeFi Watch his talk 👇 ethcc.io/archive/The-en… (ps: hit us in the DM's if you'd like to run
The endgame for borrowing At @ETHCC, I gave a talk on why @LiquityProtocol v2 will change borrowing as we know it. Fast forward a couple of weeks, and we now have 18~ forks who see the vision A quick TL;DR on my talk, and 3 reasons why Liquity v2 will shake things up 👇 1)
SmarDex Proposes New Balancer Pool Initiative for BOLD Token
SmarDex has proposed a new initiative to create an incentivized pool on Balancer, aiming to enhance liquidity and returns for BOLD token holders. Key points: - New pool will be created on Balancer platform - Initiative currently up for community voting - Plans include bribing implementation once Balancer gauge becomes active This follows earlier ecosystem expansion efforts where 20K BOLD tokens were allocated weekly for pool creation and integration initiatives. *Learn more and vote at* [Liquity Forum](https://voting.liquity.org/t/smardex-wusdn-bold-liquidity-initiative/64)
sBOLD Launch Announcement: New Yield-Bearing Token for BOLD Deposits
**sBOLD**, a new liquid yield-bearing token for $BOLD Stability Pool deposits, is launching this week. Key features include: - Automatic BOLD yield compounding - DeFi and money market compatibility - Security audits completed by Chain Security and Dedaub - Exposure to 16+ friendly fork rewards This follows the recent launch of **yBOLD** by Yearn Finance, which offers: - Automated yield optimization across Stability Pools - Permission-less and oracle-less operation - Zero entry/withdrawal fees Both tokens represent significant DeFi integrations for Liquity V2, enabling users to maximize yields while maintaining liquidity. [Learn more about yBOLD](https://docs.yearn.fi/getting-started/products/yvaults/yBold)
Liquity V2 Announces Bot Development for Enhanced DeFi Operations
Liquity V2 is expanding its DeFi ecosystem with new bot development initiatives. @TelosConsilium is leading the development of specialized redemption and liquidation bots for Liquity V2 and its forks. - **Liquidation bots** remove bad debt from the system, earning ETH/LST fees - **Redemption bots** arbitrage BOLD price differences for profit - Both bot types are *crucial* for maintaining LUSD peg and system efficiency The team is actively seeking bot operators to participate in the Liquity V2 ecosystem. Interested parties can join discussions on [Discord](https://discord.com/invite/2up5U32).
Cantina Security Review of V2 Protocol Completed
A comprehensive security audit of the V2 protocol has been completed through Cantina, involving 908 security researchers. The review identified only 2 medium-severity findings, which were addressed before redeployment. Key points: - 908 researchers participated in the review - Only 2 medium findings discovered - Issues fixed pre-redeployment - Judging process currently underway - Results pending publication This thorough review process demonstrates the protocol's robust security measures and commitment to code quality.
Arbitrum Fork #5 Update from Nerite
Nerite, a fork of Liquity V2, is preparing to launch their 5th iteration on the Arbitrum network. This represents a continuation of their development on the platform, building on their previous implementations. - Fork #5 marks another milestone in Nerite's expansion on Arbitrum - Project maintains connection to Liquity V2 fundamentals - Launch timeline indicates *soon* but specific date remains unconfirmed Follow [@NeriteOrg](https://twitter.com/NeriteOrg) for the latest updates and launch details.