Liquity

Redemptions play a vital role in maintaining the stability of LUSD by allowing users to exchange it for ETH at face value when its price falls. This mechanism has proven effective, keeping LUSD remarkably stable even during times of high selling pressure. Liquity's unique features offer asset protection and resilience, distinguishing it from other stablecoins. However, a surge in redemptions can impact borrowers, prompting Liquity to work on a new product to provide improved redemption protection while maintaining capital efficiency.

Liquity Protocol's @SamExotic3 will join Fringe to discuss the recent V2 launch and integration of $LUSD on Arbitrum, Optimism, and Ethereum markets. The event will take place on Feb 14th at 3 PM UTC.

Liquity's LUSD is now supported as collateral on Arbitrum thanks to SiloFinance, providing users with more options for utilizing their assets.

Submissions are now open for the January Community Rewards. If you have contributed to the growth of the Liquity ecosystem, you can submit your claim now.

Liquity's stablecoin LUSD can now be traded on LineaBuild. For providing liquidity, users can head to NileExchange, a decentralized exchange.

Liquity is looking for a Head of Product & Growth to lead the success of Liquity v2. If you are a DeFi enthusiast with a passion for driving growth, check out the details here.

The Liquity community is thrilled to announce that LUSD is now live on Wirex. Users can now use LUSD for their daily purchases using the Wirex card and app.

Liquity has been running a Community Reward Program since July '22, rewarding users each month. Over 100 individuals have received rewards amounting to over $60,000. Contributions that qualify for rewards include threads/articles, videos/shorts, DAO initiatives, yield strategy opportunities, and Dune dashboards. Retroactive rewards are paid out monthly, and users can apply via a form tweeted out on the 15th of each month. More details can be found [here](link).

Liquity's ecosystem is expanding and LUSD can be found on various DEXes and chains. The biggest liquidity venues for LUSD include the LUSD-3CRV pool on CurveFinance with $14.3m on Ethereum, the LUSD-USDC pool on CamelotDEX with $620k on Arbitrum, and the LUSD-WETH pool on VelodromeFi with $1.50m on Optimism. The liquidity pools with the highest yield for LUSD include the LUSD-USDC pool on CamelotDEX with 39.60% APY and $1.03m on Arbitrum, the LUSD-USDT pool on VelodromeFi with 19.61% APY and 244K on Optimism, and the LUSD-USDC pool on aerodromefi with 23.06% APY and 279K on base.

CleopatraDEX, the sister fork of RamsesExchange, has integrated LUSD pairs. Liquidity providers on CleopatraDEX can now provide liquidity on the LUSD-USDC pool and swap between these assets.