Three Sigma Analyzes V2 Codebase
Three Sigma Analyzes V2 Codebase
🕵️ Codebase under microscope
Three Sigma, a notable team in the blockchain space, has conducted a comprehensive review of our V2 codebase. Their analysis provides an in-depth look at the structure and functionality of our latest version.
Key points:
- Thorough examination of V2 codebase by Three Sigma
- Detailed overview of the code structure and features
- Potential implications of this analysis remain unclear
The motivation behind Three Sigma's extensive review is currently unknown, sparking curiosity within our team. This unexpected scrutiny may indicate:
- Interest in our technology
- Potential collaboration opportunities
- Competitive analysis
We'll continue to monitor the situation and provide updates as more information becomes available.
For those interested in the technical aspects, we recommend reviewing Three Sigma's analysis to gain insights into our V2 codebase.
Great overview of our V2 codebase by the team over at Three Sigma. Wonder why they were giving it such a thorough look...
Liquity V2 is here! Building on the success of V1, @LiquityProtocol V2 brings even more exciting features while staying true to decentralization and security. Ready to dive in? 👇 threesigma.xyz/blog/liquity-v2
BOLD and LUSD Top Stablecoin Rankings: Code Over Control
**Why BOLD and LUSD rank highly on Bluechip's stablecoin framework:** - **No administrators or management** - protocols operate autonomously - **Code-enforced rules** - no human discretion or intervention - **Immutable smart contracts** - backed by Ethereum's native security **BOLD's key features:** - 100% backed by staked ETH - Collateral never lent out - withdrawals always available - Immutable and unstoppable operation - Decentralized and value-aligned **Passes Vitalik Buterin's security tests:** 1. **Walkway test** - Functions without team dependency 2. **Insider attack test** - Credibly neutral, no special privileges 3. **Trusted computing base** - Public, immutable code with minimal trust assumptions 4. **Admin keys** - None exist 5. **Governance attacks** - No governance to manipulate Only dependencies: [Chainlink](https://chain.link) oracle and LSTs from [Lido](https://lido.fi) and [Rocket Pool](https://rocketpool.net)
🏆 LQTY Achieves Perfect Score on Aragon's Token Framework
**LQTY has earned a perfect 13/13 score** on Aragon's Open Token Framework (OTF), which evaluates token fundamentals and economic rights. **What this perfect score means:** - Clear and enforceable revenue claims for holders - Fully circulating supply with no locked tokens - Complete control by token holders, not centralized labs - Full transparency with all operations on-chain The OTF framework helps investors evaluate tokens based on fundamentals rather than narrative. LQTY joins other established DeFi tokens like UNI, AAVE, SKY, LDO, and CRV in demonstrating strong tokenomics. Most Liquity Protocol contracts are immutable, including revenue routing, with LQTY holders directing emissions. [Learn more about the framework](https://otf.aragon.org/)
🔒 Liquity V2 Launches Three Isolated Markets with Fixed Rates and Zero Governance
Liquity V2 has introduced a new borrowing structure featuring three completely isolated markets, each supporting a single collateral type. **Key Features:** - **Three separate markets:** ETH, wstETH (1% borrow rate), and rETH - **Zero contagion risk:** Each market operates independently with no shared pools - **Fixed interest rates:** Predictable borrowing costs across all markets - **No governance or admin keys:** Immutable protocol design The architecture ensures that risks remain isolated to individual collateral types, eliminating cross-contamination between markets. This design contrasts with traditional DeFi lending protocols that pool multiple assets together. Users can now borrow against their preferred liquid staking derivative or native ETH without exposure to risks from other collateral types in the system.
BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI
**BOLD stablecoin has secured an A- rating from Bluechip**, making it the only crypto-native stablecoin to achieve an A-tier rating. This places BOLD above established competitors like USDC and DAI, which both received B+ ratings. **Key highlights:** - First crypto-native stablecoin with A-tier rating - Rated higher than USDC (B+) and DAI (B+) - Cannot be frozen, unlike centralized alternatives The rating reflects BOLD's strong fundamentals and decentralized architecture. Users can access BOLD through [Liquity's platform](https://liquity.app/borrow) or purchase it via [DeFi aggregators](https://swap.defillama.com/). View the full Bluechip rating analysis at [bluechip.org](https://bluechip.org/en/coins/bold) and read the detailed breakdown at [Liquity's blog](http://www.liquity.org/blog/bold-receives-a--rating-from-bluechip).
🔄 Liquity Expands BOLD Liquidity Incentive Program
Liquity is calling for liquidity providers to support BOLD stablecoin across multiple decentralized venues. **Key Details:** - Protocol-incentivized liquidity program now active - Multiple venues available for BOLD liquidity provision - Track opportunities via [Dune Analytics dashboard](https://dune.com/liquity/protocol-incentivized-liquidity) **Available Venues Include:** - BOLD/USND on [Bunni](https://bunni.xyz/explore/pools/arbitrum/0x2edd6d9772510c6d661dae96ac65838fd18a535763aaed2b4d5311c87c1cdf95) - BOLD/USDQ on [Honeypop](https://honeypop.app/pools/45) - BOLD/USDFI on [Curve](https://www.curve.fi/dex/ethereum/pools/factory-stable-ng-524/deposit/) - BOLD/AXD on [Pharaoh Exchange](https://pharaoh.exchange/manage/v1/0x3fc764ae09eec2f54b1956febfeaa75d17a596bc) Liquidity providers can bridge BOLD to supported networks using [Transporter](https://www.transporter.io/). View the full [Liquity V2 ecosystem dashboard](https://dune.com/liquity/liquity-v2-ecosystem) for deposit venues.