The early $BOLD catches the worm 🪱
Liquity V2’s 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 🏦
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.
Be early, be $BOLD.