Liquity

Liquity V2 erweitert das dezentrale Kreditprotokoll mit neuen Funktionen. Das System ermöglicht es Nutzern, gegen ETH-Sicherheiten Kredite aufzunehmen, während es vollständig dezentral bleibt. Hauptmerkmale: - Verbesserte Stabilität durch neue Sicherheitsmechanismen - Erweiterte Verdienstmöglichkeiten für LQTY-Staker - Optimierte Liquidationsprozesse Das Update behält die kernigen Eigenschaften des ursprünglichen Protokolls bei, fügt aber neue Funktionalitäten hinzu, die das System robuster machen.

Three protocols are establishing new incentivized pools to enhance BOLD liquidity and rewards: - SmarDex launches Balancer pool with PIL funds via Paladin_vote - Ekubo Protocol preparing pool with new incentive campaign - Protocol FX creating CurveFinance pool with FXN gauge incentives All initiatives utilize PIL (Protocol Incentive Layer) for sustainable rewards focused on BOLD growth. SmarDex pool is currently available for LQTY staker voting, with others following soon. [View full proposal](https://voting.liquity.org/c/initiatives/5)

The security audit competition report for Liquity V2 has been published on Cantina's platform. The competition, which ran from March 21 to April 27, 2025, offered up to $350K in rewards for security researchers. Key points: - Report available on [Cantina](https://cantina.xyz/portfolio/fca4f98a-7d24-49f1-9a3b-80e5e65b2b30) - Also accessible through [Liquity V2 documentation](https://docs.liquity.org/v2-documentation/technical-docs-and-audits) - Competition temporarily replaced Liquity's regular bug bounty program *Security researchers and developers are encouraged to review the findings to better understand Liquity V2's security profile.*

Yearn Finance has launched yBOLD, a yield-bearing version of $BOLD token built on Yearn V3. Key features include: - Automatic yield optimization across Stability Pools - Permission-less and oracle-less architecture - Zero entry/withdrawal fees Users can stake yBOLD to receive st-yBOLD for Stability Pool rewards. The token is now integrated with StableWatch platform for enhanced monitoring. Deposit at [Yearn Finance](https://yearn.fi/v3/1/0x9F4330700a36B29952869fac9b33f45EEdd8A3d8) Full documentation at [Yearn Docs](https://docs.yearn.fi/getting-started/products/yvaults/yBold)

Two major BOLD token developments are launching: - **sBOLD** by K3 Capital - Converts BOLD SP deposits into liquid, yield-bearing tokens - Features auto-compounding yields - Integrates with DeFi and money markets - Audited by Chain Security and Dedaub - Provides exposure to 16+ friendly fork rewards - **yBOLD** by Yearn Finance - Built on Yearn V3 platform - Automatic yield optimization across Stability Pools - Permission-less and oracle-less system - No entry/withdraw fees - Requires staking for st-yBOLD to receive SP rewards [Learn more about yBOLD](https://docs.yearn.fi/getting-started/products/yvaults/yBold)

Liquity V2 is expanding its DeFi ecosystem with new bot development initiatives. @TelosConsilium is leading the development of specialized redemption and liquidation bots for Liquity V2 and its forks. - **Liquidation bots** remove bad debt from the system, earning ETH/LST fees - **Redemption bots** arbitrage BOLD price differences for profit - Both bot types are *crucial* for maintaining LUSD peg and system efficiency The team is actively seeking bot operators to participate in the Liquity V2 ecosystem. Interested parties can join discussions on [Discord](https://discord.com/invite/2up5U32).

A comprehensive security audit of the V2 protocol has been completed through Cantina, involving 908 security researchers. The review identified only 2 medium-severity findings, which were addressed before redeployment. Key points: - 908 researchers participated in the review - Only 2 medium findings discovered - Issues fixed pre-redeployment - Judging process ongoing - Results pending publication This thorough review process demonstrates the protocol's robust security measures and commitment to code quality.

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)