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.
