🤖 Rate Managers Slash Borrowing Costs
🤖 Rate Managers Slash Borrowing Costs
🤖 Rates Drop 90%
Rate managers are proving their value beyond redemption protection by maintaining ultra-low borrowing costs.
Key developments:
- rETH borrow rates adjusted from 5.50% to 0.50%
- Some users accessing rates 10x below market
- Automation through rate managers keeps costs minimal
Why rates stay low:
- BOLD token maintains peg stability
- Low redemption risk environment
- Automated rate management systems
Risk considerations:
- Market conditions can shift rapidly
- Even average rates remain among DeFi's lowest
- Rate managers provide both protection and cost optimization
This demonstrates how automated systems can deliver dual benefits: protecting positions while maximizing cost efficiency in volatile markets.
Rate managers don’t just protect you from redemptions, they also keep your loan cheap. $rETH borrow rates were adjusted: 5.50% → 0.50%
No redemptions = Low borrow rates Some users borrow as low as 0.5%., 10x below market. Why? 👉 $BOLD at peg 👉 Low redemption risk 👉 Low borrow rates This carries some risk as conditions can change fast. Still, even average rates are among the lowest in DeFi, and you can
Liquity Champions True DeFi with Trustless V2 Launch
**Liquity takes a stand for authentic DeFi principles** with their latest manifesto declaring "DeFi without decentralization is nothing." **Key highlights:** - Liquity V2 launches as **trustless and immutable** (matching V1's standards) - Strong support for **permissionless DeFi** free from middlemen - Promotes **$BOLD as the Ethereum dollar** stablecoin - Treasury holds **over 5% in crypto stables** to support the ecosystem **The bigger picture:** This aligns with Liquity's consistent messaging about supporting Ethereum-backed stablecoins and putting "bags where your chain is." Their approach emphasizes true decentralization over centralized alternatives. **Why it matters:** As DeFi matures, projects like Liquity are drawing clear lines between genuinely decentralized protocols and those that merely use DeFi branding while maintaining centralized control structures.
Liquity Contributors Heading to Buenos Aires for Devconnect
**Liquity team members** will be attending the upcoming Devconnect event in Buenos Aires. The contributors are actively seeking **networking opportunities** and encouraging community members to reach out for meetings. - Direct messaging available for scheduling conversations - Part of the broader Devconnect gathering in Argentina - Open invitation for community engagement This represents another opportunity for **face-to-face collaboration** within the DeFi ecosystem during one of the year's major developer conferences.
📉 Liquity Redemption Drop
**Liquity's redemption volume has dropped significantly over the past two weeks.** This decline is prompting users to **lower their borrowing rates**, making Liquity's already competitive borrowing costs even more attractive in the market. **Key benefits:** - Lower borrowing rates for users - More competitive market position - Automated rate management available Users can streamline this process by **delegating rate management to specialized managers** rather than manually adjusting rates. For questions and support, users can join the [Liquity Discord community](https://discord.gg/liquity).
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.
🏆 September Community Rewards
Liquity announced September Community Rewards for creators. **How to participate:** - Create unique content about V2 or $BOLD - Post in their Discord - Win rewards based on quality and reach The program values contributions highlighting Liquity V2's unique benefits and BOLD's advantages. Check [this week's winner](https://discord.com/channels/700620821198143498/1418719728352100493) for inspiration on successful submissions.