This week's ETH price action caused billions of dollars in liquidations. Lots of open positions and APY chasers got rekt during the recent crash. Meanwhile, @LiquityProtocol V2 processed another liquidation wave exactly as designed, and Stability Pool depositors got paid. The ETH APRs reached 100%+ during the peak time: How it works: 1. ETH nukes → some Troves fall below collateral threshold 2. Stability Pool BOLD cancels their debt 3. SP depositors receive the liquidated ETH on top of ongoing borrower fees (in BOLD) 4. Result: volatility becomes yield You’re literally getting paid when the market panics. Simple strategy: • Hold sBOLD or yBOLD → ~7.5% average passive yield • Buy YT when APR compresses, sell into volatility spikes As a bonus, by holding sBOLD and ysyBOLD, you get exposure to ~10 airdrops from various yield protocols.

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