Liquity

Liquity

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Interest-free borrowing on #ETH. Home to #LUSD - the unstoppable stablecoin. Creator of @ChickenBonds. Discord: https://discord.com/invite/2up5U32

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BREAKING: Circle has acquired Liquity. This acquisition will enable Circle to offer its users a non-freezable stablecoin and directly distribute yield under the Clarity Act.

Liquity contributors are in Cannes for ETH CC! 🇫🇷 If you'd like to talk about: - Fixed rate borrowing with ETH & LSTs - $BOLD, the freedom dollar Reach out to us via our DMs 🙏 Some events where you can catch us 👇

Why is Liquity immutable? One of the many reasons:

NERI is here! Tomorrow Nerite will start a new Liquidity Bootstrapping Pool with our partner, @balancer, for 72 hours. This is the last chance to earn Shell points too. Go slow 🐌

So Ceazor added ysyBOLD = staked @yearnfi @LiquityProtocol to my Yearn Vault UI This vault deposits your BOLD across all 3 stability pools and autocompounds any ETH, wstETH, rETH you might get from liquidations. There have been some VERY juicy days in these pools. keep in mind there are 4 txns -approve BOLD -mint yBOLD -approve yBOLD -stake to ysyBOLD this is the yearn system for these vaults. I considered making a helper contract, but then i need audits. so.. i stuck with their official contract. The RTed tweet will give more context if you are wonderign what this is all about. twitter.com/Ceazor7/status/203...

Use BOLD to mint @frankencoinzchf. Why adding BOLD and ysyBOLD as collateral makes sense: 🔒 No freeze function 🔒 No blacklist 🔒 Permissionless mint/redeem 🔒 ETH-native backing 🔒 Yield-bearing nature (in ysyBOLD's case) Let's dive in.

The banking lobby is running the best Liquity campaign ever 😎 They lobbied to ban 🚫 stablecoin yield. The CLARITY Act says: issuers not allowed to pay yield on deposits. BOLD has no central issuer. Every user is the issuer. Is BOLD the only stable that will offer users yield on their deposits? DeFi will win 🤘

Borrow with $ETH for just 0.5% on Liquity V2. If you're bullish ETH, this is the cheapest leverage you'll find on Mainnet 👀 Right now there's zero redemption risk on the ETH branch, as: → Stability Pool funds exceed total debt → BOLD is slightly over peg, so redemptions aren't profitable. be $BOLD 👇

BOLD provides real yields on Mainnet with no leverage All on Mainnet, with no rehypothecation of funds Earn up to 10% APR using one of the venues below 👇

"Using Liquity isn’t just convenient; it’s a statement." @gvnrdao borrowed $BOLD against their $ETH: 🔒 Zero ETH sold 🔒 All the upside preserved 🔒 100% Immutable & DeFi with no TradFi exposure ❤️ "We’re proud to walk that talk while helping build the financial system we want to see." Who is next? 🦸‍♂️

DeFi builders should use DeFi tools. At @GVNRDAO, we minted $BOLD against our $ETH treasury: •Low borrow rates •Immediate liquidity •100% ETH exposure preserved •Zero TradFi rails, fully immutable We’re building the DeFi system we want to see, and protocols like

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