Liquity

A new yield-bearing stablecoin called BOLD is offering returns 2.5% higher than traditional DeFi's "risk-free" rate, which typically comes from tokenized Treasury Bills wrapped in centralized infrastructure. **Key differentiators of BOLD:** - No admin keys that could be exploited - No counterparty dependencies - Cannot be frozen by centralized entities - No governance token or voting mechanisms - Fully onchain and decentralized The announcement positions BOLD as a truly decentralized dollar alternative to wrapped T-Bills, which carry centralization risks despite being marketed as low-risk options in DeFi. Users can deposit through a provided link to start earning the higher yield.

**BOLD stablecoin reports monthly growth metrics:** - Supply increased by $3M - Total Value Locked (TVL) grew by $18M - User base expanded with 48 new BOLD holders - 15 new borrowers joined the platform The protocol positions itself as offering competitive borrow rates in the stablecoin market. BOLD is developed by the team behind LUSD (Liquity V1), which previously reached $5B in peak TVL and has operated for over 4 years without governance intervention. The project emphasizes its decentralized nature as a crypto-native stablecoin alternative.

**Liquity V2 introduces Rate Delegation feature** A user reduced their borrowing rate from 5.90% to 0.50% automatically, maintaining this low rate for over a month. **How Rate Delegation works:** - Professional rate managers continuously adjust your borrowing rate - Optimizes for protection against redemptions - Keeps loan costs as low as possible - No manual intervention required **Key benefits:** - 10x cheaper borrowing costs compared to previous rates - Automated optimization - Protection from redemptions - Consistently low rates Liquity V2 continues to offer the lowest borrowing rates in DeFi, with rates that are stable and non-volatile. Unlike other platforms, collateral is not lent out to third parties.

**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 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.

Liquity V2's Stability Pools provide a low-maintenance yield opportunity for DeFi users seeking steady returns. **Key Features:** - Earn approximately 8% APR without weekly monitoring - Functions as a DeFi savings account - Designed for passive income generation The platform positions itself as a lower-risk alternative in the DeFi lending space, emphasizing stability and ease of use. Users can deposit funds and earn yield without active management. **Additional Context:** - Liquity borrowers save around 2% compared to other platforms - Volatility remains below industry averages - Option to delegate to rate managers for optimized returns For users tired of constant portfolio adjustments, Liquity's Stability Pools offer a set-and-forget approach to earning yield in decentralized finance.

**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)

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.*