Liquity V2 Redeployment Update

A fix for the issue in the Stability Pools raised regarding Liquity V2 is in development, and audits are scheduled to begin at the end of next week.

Liquity V2 will be redeployed, and users will be encouraged to reopen their positions on the new contracts.

What does this mean for current users?

- Liquity V2 Stability Pool depositors should close their positions. Immediate action is strongly advised, as there is an issue that could result in the loss of funds held in these contracts.

- Liquity V2 Borrowers should close their loans while liquidity conditions for BOLD remain favorable.

- BOLD holders without a loan position should sell their BOLD (more below).

If BOLD is above $1, BOLD holders should consider:

- Selling their BOLD using Curve, Uniswap, Balancer or a dex aggregator

- Providing single sided liquidity on Uniswap in ranges which they find attractive

- Setting limit orders on aggregators like Cow Swap