The Challenge of Decentralized Finance
A critical perspective from Stacy Muur highlights a fundamental contradiction in Ethereum's DeFi ecosystem: true censorship resistance cannot exist when the primary stablecoins remain subject to centralized freezing mechanisms.
BOLD's Approach
- Earned an A- rating from Bluechip with perfect 1.0 decentralization scores
- 100% backed by staked ETH with immutable, unstoppable protocol design
- No admin keys, governance, or ability to freeze user funds
- Passes Vitalik Buterin's five critical tests for decentralized systems
Key Distinction
The analysis emphasizes that crypto-backed stablecoins fundamentally differ from bank-backed alternatives, even when ratings appear similar. Technical implementation determines whether money can truly be censorship-resistant.
BOLD take from @stacy_muur "Ethereum positioning itself as the decentralized financial settlement layer doesn't work if the main stablecoins can be frozen by centralized entities. You can't have censorship-resistant DeFi with censorable money." Read the in-depth piece about
Learn more about BOLD's A- rating: π Full analysis: liquity.org/blog/bold-receβ¦ π Learn more about Bluechip: bluechip.org/en π° Get BOLD: liquity.app/borrow π± Buy BOLD: swap.defillama.com The stablecoin that can't be frozen. βοΈβπ₯
In our new podcast with @Bluechip_org, we dive into stablecoin risk trade-offs: β How BOLD earned A- and perfect 1.0 scores in decentralization β Why bank-backed β crypto-backed (even at same rating) β What "can't be frozen" actually means technically
Liquity V2 Processes $300k in Liquidations While BOLD Maintains Dollar Peg

Liquity V2 successfully handled another liquidation event, processing approximately $300,000 in liquidations, primarily in ETH. **Key Performance Metrics:** - ETH Stability Pool depositors earned ~0.30% ROI on their BOLD deposits - Annualized return of 110% APR - BOLD stablecoin maintained its $1 peg throughout the event **Technical Achievement:** The entire process was executed through immutable smart contracts, demonstrating the protocol's reliability and decentralization. This marks another successful stress test for Liquity V2, following a previous event in October 2025 where the protocol processed $3.4 million in liquidations with similar stability. The results highlight the potential returns for users who deposit BOLD in the protocol's Stability Pools during market volatility.
The Trustless Force Has Arrived
A new development in decentralized systems has been announced, marking what appears to be a significant milestone in trustless technology implementation. **Key Points:** - The announcement centers on "The Trustless Force" - a concept or platform focused on removing intermediaries from financial or technical processes - This follows previous discussions on frictionless finance from September 2025 - The timing suggests a coordinated launch or major update to existing infrastructure The development represents continued progress in building systems that operate without requiring trust in centralized authorities or intermediaries. [Watch the announcement](https://x.com/i/broadcasts/1kvKpMvzXnZGE)
π Pendle Launches sBOLD Pool with 6.5% Fixed APR

Pendle has launched a new sBOLD pool expiring at the end of June 2026, offering three distinct opportunities for participants: **Key Features:** - **PT holders** can lock in a fixed 6.5% APR - **YT buyers** gain exposure to potential Liquity forks airdrops - **LP providers** can supply liquidity and earn fees The pool provides structured yield options for different risk profiles while maintaining exposure to the Liquity ecosystem.
π» Curve Finance LPs Earning 8.5%+ in Fork Airdrop Points

**Curve Finance liquidity providers are currently earning over 8.5% in points** from various fork airdrops, according to Liquity. **Key earning opportunities:** - Multiple DeFi protocols offering fork rewards - Incentivized pools with double-digit APRs - Active pools include Asymmetry Finance, Felix Protocol, Bera Borrow, and Orki Finance **Market dynamics:** - Redemptions have dropped sharply as demand for BOLD rises - Liquity V2 remains 23% cheaper than other DeFi borrowing venues - Fork rewards driving increased liquidity provision The earning opportunities span multiple chains and protocols, with more launches expected from Nerite, Ebisu Finance, and Soneta. [Learn more about yields](https://www.liquity.org/earn)