Liquity

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 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. [Read full analysis](http://www.liquity.org/blog/bold-receives-a--rating-from-bluechip) | [Get BOLD](https://liquity.app/borrow)

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)

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.

**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)

A new podcast episode with Bluechip explores **BOLD stablecoin's technical design** and risk profile. **Key Discussion Points:** - BOLD achieved **perfect 1.0 decentralization scores** and an A- overall rating - Technical breakdown of what differentiates BOLD from other stablecoins - Comparison between bank-backed vs crypto-backed stablecoins at similar ratings - Deep dive into the technical meaning of "can't be frozen" functionality The episode examines the design decisions and trade-offs that contributed to BOLD's high marks in decentralization metrics. [Watch the full podcast](https://www.youtube.com/watch?v=FSsAlqzD5bo)

**BOLD introduces censorship-resistant stablecoin** A new stablecoin called BOLD has launched with no freeze function, blacklist capability, or admin keys - distinguishing it from major stablecoins like USDC and USDT. **Key differences:** - Most stablecoins can freeze user funds - Circle has blacklisted nearly $100M in USDC across 275+ addresses - Tether has frozen over $500M to date - USDC addresses were blacklisted during Tornado Cash sanctions **BOLD's approach:** - Immutable smart contracts prevent fund seizure - No ability to pause, censor, or reverse transactions - Cannot be altered by banks, regulators, or developers - No collection of user names or addresses The project positions itself as "sovereign dollar" infrastructure, arguing that censorship resistance is essential for trust-minimized money. This contrasts with existing stablecoins where freeze functions are deliberate features rather than bugs.

The team behind Liquity V1 (LUSD) has launched **BOLD**, a new crypto-native stablecoin built on their proven track record: **Key Achievements:** - $5B peak TVL in Liquity V1 - 4+ years of continuous operation - Zero governance interference maintained **BOLD Features:** - Backed exclusively by ETH and liquid staking tokens (LSTs) - Protocol-enshrined real yield for holders - Directly redeemable for underlying collateral - Immutable smart contracts - Fully Ethereum-native design The launch represents a continuation of Liquity's commitment to decentralized, governance-free stablecoin infrastructure. BOLD maintains the same principles that made LUSD successful while introducing yield-bearing capabilities and LST support. The team emphasizes that crypto-native stablecoins remain essential for DeFi's long-term sustainability and independence from traditional financial systems.

A podcast clip from Epicenter has been shared, featuring discussion on current crypto and blockchain topics. The clip appears to be part of a longer episode covering industry developments and market analysis. - **Source**: Epicenter podcast - **Format**: Video clip with timestamp - **Platform**: YouTube This follows previous crypto market coverage including Bitcoin volatility, jobs report impacts, and major exchange earnings. [Watch the clip](https://youtu.be/UmPA0T9Cdjk?t=654)

**BOLD token holders** can now access **15+ different venues** to earn yield on their holdings. The comprehensive list includes platforms offering: - Double-digit returns on BOLD deposits - Potential airdrop opportunities - Various DeFi protocols and yield strategies All venues are tracked and accessible through a dedicated [Dune Analytics dashboard](https://dune.com/liquity/liquity-v2-yields) that provides real-time data on yields and links to each platform. *Check the dashboard to compare rates and find the best yield opportunities for your BOLD tokens.*