Liquity

A new **BOLD stablecoin pool** has launched on Curve Finance, offering liquidity providers attractive yield opportunities. **Key Details:** - Quad pool includes USDFI, USDaf, ebUSD, and BOLD tokens - Available on Ethereum mainnet - **Up to 74% APR** for liquidity depositors **How to Participate:** - Access the pool directly on [Curve Finance](https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-564/withdraw) - Boost yields through [Stake DAO](https://www.stakedao.org/yield?search=lqtyforks) - Choose your preferred frontend at [Liquity](https://www.liquity.org/frontend-v2) This follows previous BOLD yield opportunities, including a quad pool with fxUSD/USDC/USDaf/BOLD that offered around 40% APR. *Consider the risks before providing liquidity to any DeFi protocol.*

**BOLD stablecoin yields on Berachain have decreased significantly** from 282% to 30% APY within a week. Liquidity providers can still earn **30% APY** on the BOLD/NECT/HONEY stable pool through [BeraBorrow](https://app.beraborrow.com/vault/deposit/bex-NECT-BOLD-HONEY). **Key benefits:** - Auto-compounded yields - Additional Infrared Finance points - Stable asset exposure across three tokens The dramatic yield reduction suggests either increased liquidity or reduced reward emissions as the initial "fork rewards season" momentum cools down.

LQTY stakers can now vote on a new Merkl PIL initiative to provide **BOLD rewards** for Uniswap V4 liquidity providers. The proposal targets a BOLD/USDC pool on Uniswap V4 with specific reward distribution: - 75% for fees - 20% for BOLD liquidity - 5% for USDC liquidity The initiative aims to: - Boost BOLD demand - Strengthen the peg - Reduce slippage This will test how Uniswap performs against other DEXs like Curve, Ekubo, and Gyroscope. **Time-sensitive**: Only downvotes will be possible starting tomorrow. [Vote now](https://liquity.app/stake/voting)

sBOLD, a new yield-bearing token, has launched on Spectra Finance with several key features: - Offers leveraged exposure to 20+ potential airdrops - Provides ~7% stablecoin base rate - Can be used as collateral on Euler Finance - Supports borrowing with up to 92.5% LTV (95% LLTV) - Auto-compounds BOLD yield - Audited by Chain Security and Dedaub The token enables users to earn protocol yield while borrowing, and can be integrated across DeFi platforms and money markets. Users can deposit sBOLD (earning 6%) and borrow USDC at 4.7% rates for additional leverage opportunities.

**Key Features of BOLD & sBOLD Collateral:** - Earn protocol yield while borrowing with sBOLD - Gain multiplied exposure to potential airdrops - Access high LTV ratios up to 92.5% (LLTV 95%) **Additional Benefits:** - Auto-compounding ETH rewards via yBOLD - Exposure to 15+ Liquity fork rewards through Stability Pool - Integration with platforms like Spectra Finance and Pendle for PT/YT trading **How to Get Started:** Visit [Euler Finance](https://app.euler.finance/?market=k3-liquity-hub&network=ethereum) to use BOLD & sBOLD as collateral

Two protocols have submitted the first proposals to compete for $BOLD emissions through PIL, with $LQTY stakers as decision makers: - **SmarDex**: Introduced $USDN, a yield-generating synthetic dollar backed by delta-neutral ETH longs on their perp DEX - **EkuboProtocol**: Presents an AMM protocol featuring super-concentrated liquidity Voting hasn't started yet but proposals are expected to be finalized soon. This follows the recent activation of the bribing mechanism, which allocates 20K $BOLD weekly for V2 ecosystem expansion. [Learn more about SmarDex](https://shorturl.at/S9ePk) [Learn more about Ekubo](https://shorturl.at/DyaAh)

Liquity V2 is preparing for redeployment with frontend updates starting tomorrow. Users should take action on legacy positions before the weekend: - **Stability Pool depositors**: Withdraw deposits to minimize risk - **Borrowers**: Repay loans while $BOLD liquidity remains favorable - **BOLD holders**: Consider selling via DEX or use limit orders - **LQTY stakers**: Consider unstaking before relaunch *Important notes:* - UI disruptions expected during transition - Legacy app functionality may be limited - Position closures will remain possible post-redeployment - Redemptions available but may include dynamic fees Take action now to ensure smooth transition to new V2 system.

Liquity has launched its V2 audit competition on Cantina, offering security researchers rewards from a $350,000 prize pool. The competition runs from March 21 to April 27, 2025. Key details: - Regular bug bounty program suspended during competition period - All findings must be submitted through Cantina platform - Competition focuses on deployment-ready codebase - Part of Q2 2025 mainnet redeployment timeline The audit competition adds extra security scrutiny before V2's immutable deployment. Teams forking Liquity V2 can proceed independently once the patched codebase is public, with access to competition results. [View competition details](https://cantina.xyz/competitions/d86632df-ab33-4448-8198-64955eae6712)

Liquity introduces Earn, a new DeFi product designed to mirror the stability of U.S. Treasury Bills without traditional finance dependencies. Key features: - Stable, secure on-chain asset - Minimal counterparty risk - Full fund custody - Sustainable yield generation The product addresses common DeFi challenges like volatile rates and counterparty risks in tokenized treasuries. Users can deposit $BOLD to access what Liquity positions as DeFi's equivalent to T-Bills. Liquity V2's architecture ensures all protocol revenue from borrower interest flows back to grow the $BOLD stablecoin, creating a self-sustaining yield mechanism.

Liquity has released initial audit reports for their V2 codebase, which will power the upcoming $BOLD token. Key developments include: - Dedaub completed multiple reviews of both codebase and logic - Certora conducted formal verification - Upcoming reports expected from Coinspect and Reconx - Additional audits from ChainSecurity and Dedaub focused on $LQTY voting module The comprehensive security review involves multiple respected firms in the space, demonstrating a thorough approach to code validation before launch.