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 ā : This is not a definitive nor binding list - each fork is free to adjust the weights and allocate rewards at their own discretion.
Liquity V2 has adopted the Cross-Chain Token (CCT) standard - a secure framework to make any token cross-chain native via @chainlink CCIP - for $BOLD, the ETH-backed stablecoin! š
Send $BOLD across @ethereum, @arbitrum, @Optimism, @base @Scroll_ZKP, @avax, and more through one unifying interface.
š This marks a major step in enabling seamless and secure cross-chain transfers for $BOLD
V2 launches tomorrow - and it's a good reminder to be early.
Liquity V2ās Stability Pool earns from:
⢠Borrow fees: accrued over time ⢠Upfront fees: paid when users open or adjust loans ⢠Liquidations: not taken into consideration here
Whenever a new loan is opened, the borrower pays a 7-day fee upfront. This also applies whenever they adjust their interest rate within 7 days of the last change.
More BOLD minted = More yield for SP depositors š¦
At launch and when borrowing demand grows, SP depositors benefit from extra yield.
See the spike in upfront fees at the V2 launch - a similar pattern can be expected post redeployment.
What if one asset could capture both, Liquity V2ās native yield and the fork points meta?
When Liquity V2 relaunches, @k3_capital's $sBOLD goes live too ā offering exposure to: ā A passive, yield-bearing stablecoin and collateral ā Tap into Stability Pool rewards from forks ā Auto-compounds ETH yield into BOLD