Just a week after launch, the first two proposals to bribe voters are live.
Protocols are competing for a slice of $BOLD emissions via PIL - and $LQTY stakers decide where those go.
The Proposals
1. @SmarDex built $USDN, a yield-bearing synthetic dollar powered by delta-neutral ETH longs on their decentralized perp DEX. Read more: https://t.co/6OpZpfeL4z
2. @EkuboProtocol is a highly efficient AMM protocol, using super-concentrated liquidity. Read more: https://t.co/nBdalS9n1f
Those proposals aren’t up for voting yet, but we expect them to be finalized soon. We’ll announce it as soon as it happens.
Multiple Stability Pools. One unified, auto-compounding Ethereum-native vault.
@yearnfi's $yBOLD will be among the first DeFi integrations built on top of Liquity V2 - automatically optimizing your $BOLD across Stability Pools and compounding ETH rewards.
With Liquity V2, liquidity is bootstrapped jointly with 15+ friendly forks.
Part of the Fork tokens is allocated to further incentivize V2 LPs and SPs: - SPs: 75% of borrowing interest + liquidation gains + fork rewards - LPs: 25% of borrowing interest + swap fees + fork rewards
This allows $BOLD users to receive V2 fork tokens and participate in the upside of the several projects like (e.g. @felixprotocol on @hyperliquidx or @OrkiFi on @swellnetworkio )
The new V2 Leaderboard will help users keep track of their V2 activity and inform forks' allocation decisions.
Scores are normalized across buckets and capped at 7.50% , giving smaller depositors slightly higher relative weight.
Note ❕ : This is not a definitive nor binding list - each fork is free to adjust the weights and allocate rewards at their own discretion.