Liquity

**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.

**Spectra Finance** has launched a new **$sBOLD market** with expiry set for **June 2026**. Key features include: - **Fixed yield** through Principal Tokens (PT) - **Fork exposure** via Yield Tokens (YT) - **Liquidity provision** opportunities in the sBOLD pool - **Ecosystem exposure** to Liquity Protocol This follows previous sBOLD integration on Spectra, which offered leveraged exposure to 20+ airdrops plus ~7% stablecoin base rate through Yield Tokens.

**New analytics dashboard launched** for tracking supply metrics in real-time. - Direct access to comprehensive supply data - Built by Block Analitica team - Follows recent transparency initiatives in DeFi space The dashboard provides detailed insights into token economics and supply dynamics. Users can monitor key metrics independently through the dedicated interface. **Previous context:** Sperax emphasized transparency with direct API links, while Spark protocol reached $8B in supplied assets with $5B TVL milestones. Check the dashboard: [sphere.blockanalitica.com/supply](https://sphere.blockanalitica.com/supply)

**BOLD supply and TVL reach record levels**, driving protocol revenue higher in a self-reinforcing cycle. **Key metrics:** - 523K BOLD distributed through PIL program - $45K earned by LQTY stakers in bribes - Revenue growth fuels higher PIL rewards and bribes **The symbiotic system works:** As BOLD adoption increases, rewards grow for all participants. **For LQTY stakers:** Vote on liquidity allocation. New Uniswap v4 proposal aims to deepen liquidity pools. **For projects:** Propose initiatives to earn sustainable stablecoin rewards. **For borrowers:** Access DeFi's lowest borrowing rates. Check the [protocol dashboard](https://dune.com/liquity/protocol-incentivized-liquidity) for real-time metrics.

Liquity announced September Community Rewards for creators. **How to participate:** - Create unique content about V2 or $BOLD - Post in their Discord - Win rewards based on quality and reach The program values contributions highlighting Liquity V2's unique benefits and BOLD's advantages. Check [this week's winner](https://discord.com/channels/700620821198143498/1418719728352100493) for inspiration on successful submissions.

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.