Liquity

**Liquity V2 continues to offer the most competitive ETH borrowing rates on Ethereum Mainnet:** - Current borrow rate: **~3.6%** - 365-day average: **~2.54%** - Approximately **2% cheaper** than major competitors (4.5-5.6%) **Key Features:** - Fixed interest rates that users control - Option to set your own rates or delegate to rate managers - Consistently lowest borrowing costs over extended periods Users maintain full control over their borrowing costs through Liquity's unique rate-setting mechanism, making it an attractive option for ETH-backed loans on Mainnet. [Learn more about Liquity V2](https://www.liquity.org/frontend-v2)

The first portion of the Enosys airdrop is now claimable for Liquity V2 users. The program distributes 52.5 APS tokens initially, with 10+ additional airdrops planned throughout the year. **Key Details:** - 40-week incentive program totaling 412.5 APS (~$850k value) - Adds approximately 3% APR on top of existing yields - Split 50/50 between retroactive rewards and ongoing activity - Weekly distribution of 9 APS (~$18k) to active participants **Current Yields for BOLD LPs:** - 8.5% on Uniswap - 7.5% on Yearn yBOLD - 6.5% on Curve Finance APS tokens can be staked in [Enosys Governance](https://gov.enosys.global/) to earn protocol fees or used for liquidity provision on [Enosys DEX v3](https://v3.dex.enosys.global/liquidity). Claims are available on the [Enosys Protocol frontend](https://loans.enosys.global/incentives) on Flare Network. Users can bridge to Flare via [Stargate Finance](https://stargate.finance/). *Continue providing liquidity with BOLD to remain eligible for upcoming airdrops.*

Liquity has launched a comprehensive ecosystem dashboard on Dune Analytics, providing users with a centralized view of eligible venues within the Liquity V2 ecosystem. **Key Features:** - Access to real-time data on Liquity V2 ecosystem participants - Transparent tracking of eligible venues and protocols - Complements the existing BOLD yield dashboard launched in December **What This Means:** The dashboard builds on Liquity's commitment to transparency, following the December release of their BOLD yield tracking tool that monitors 15+ venues for earning yield on BOLD stablecoin. Users can now monitor both ecosystem participation and yield opportunities through dedicated Dune dashboards. [View Liquity V2 Ecosystem Dashboard](https://dune.com/liquity/liquity-v2-ecosystem)

The **Enosys airdrop** becomes claimable on **January 21, 2026** for Liquity V2 users on Ethereum Mainnet. **Key Details:** - 40-week incentive program split 50/50 between retroactive rewards for existing users and ongoing activity - Adds approximately **3% APR** on top of existing yields - Claims available through the Enosys frontend starting tomorrow - **10+ additional airdrops** planned throughout 2026 **Current Earning Opportunities:** - 8.5% APR liquidity providing on [Uniswap](https://uniswap.org) - 7.5% APR on [Yearn Finance](https://yearn.fi) yBOLD - 6.5% APR liquidity providing on [Curve Finance](https://curve.fi) Users maintaining active liquidity positions on Ethereum will continue capturing rewards from the extended airdrop series. Full details: [Liquity Blog Post](https://www.liquity.org/blog/enosys-airdrop-for-liquity-v2-users)

Liquity has introduced a two-part reward distribution system for its community: **Retroactive Rewards (1.375% allocation)** - One-time claim of 52.5 APS (~$108k) available for users on the [Liquity leaderboard](https://dune.com/liquity/v2-leaderboard) - Eligible users will continue receiving 3.85 APS weekly (~$8k/week) on a pro-rata basis **Ongoing Incentives (1.375% allocation)** - Fresh rewards for Mainnet Liquity activity beginning January 21 - Distribution rate: 5.15 APS per week (~$11k/week) - Same leaderboard criteria apply, including: - Liquidity provision on Stability Pools - LP positions on Curve - LP positions on Uniswap The program rewards both historical participation and encourages continued engagement with the protocol's liquidity infrastructure.

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.*

**Enosys Global**, a Liquity V2 licensed fork on Flare Networks, saw rapid adoption with **200+ troves created in just 24 hours**. Key highlights: - Built on Flare Networks infrastructure - Licensed fork of Liquity V2 protocol - Stability Pools now available for users - CDP/USDT pool offering **90%+ APR** The platform represents a significant DeFi deployment on Flare, bringing proven Liquity mechanics to the network. The high APR rates reflect early-stage incentives typical of new protocol launches. Users can explore the Stability Pools and liquidity mining opportunities as the protocol establishes itself in the Flare ecosystem.

**wstETH Stability Pool** achieved the highest stable yield across all DeFi protocols based on yearly averages. **Key yield sources:** - Regular borrower interest payments - **Liquidation proceeds** from market downturns - Depositors acquire discounted ETH and LSTs during price drops **Pool advantages:** - Funds remain in pool, not lent out - Hold truly decentralized stablecoin - **24/7 withdrawal** availability - No lending counterparty risk Liquidation events create yield spikes - while irregular, they provide substantial returns when markets decline sharply.

**Enosys Global** has officially launched on **Flare Network**, bringing CDP (Collateralized Debt Position) functionality to the ecosystem. **Key Features:** - Mint **CDP Dollar** using $FXRP and $WFLR as collateral - Stake or provide liquidity for CDP Dollar to earn fee shares - Built as a **Liquity V2 licensed fork** **Early Adoption Success:** - Over **200 troves created** within first 24 hours - Stability Pools now available - CDP/USDT pool offering **90%+ APR** This launch expands DeFi options on Flare Network, allowing users to leverage their FXRP and WFLR holdings to mint stablecoins while earning yields through various participation mechanisms.