steady lads, deploying max decentralization. growing BOLD @LiquityProtocol 🇳🇵🇹🇭 🇲🇽
cdmx
Joined March 2020
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500k of liquidity available now to max loop your ysyBOLD.
21% APR with your costs fixed ✨👀
23% APR.
with fixed costs and duration 🔒
loop ysyBOLD on @InverseFinance FiRM:
🟢 borrow DOLA at fixed rates & duration
🟢 a max loop gets you 23% APR on ysyBOLD
$500k of liquidity available now 👀
zap in 1-click here: firm.inverse.finance/markets…
Sam | Liquity retweeted
New market just launched on FiRM: ysyBOLD 🔵
A @yearnfi v3 vault built on @LiquityProtocol V2’s $BOLD, and a double first for FiRM: our first Yearn v3 vault and our first Liquity exposure. Yield that compounds underneath, fixed-rate DOLA borrowing on top.
And it launches boosted: two months of extra incentives for borrowers, streamed through our new @merkl_xyz integration.
Here is what just went live 🧵👇
35% APR on a loop where you can fix your rates
all on an immutable, Ethereum dollar 👇
35% APR on a stablecoin backed only by ETH 🟢
ysyBOLD is live on @InverseFinance FiRM:
- Earns ~5% from Liquity Stability Pools
- Borrow DOLA at a FIXED rate & duration
- 1.8M DOLA liquidity available
Lock in your yield 🔒
Zap in with one click👇
firm.inverse.finance/markets…
Sam | Liquity retweeted
Who wants to loop $ysyBOLD?
A new proposal on @InverseFinance aims to create a market that would allow users to loop yield-bearing BOLD by @yearnfi.
With a long-term APY of ~6%, that would make for some juicy yields.
Got $INV?
Vote now: inverse.finance/governance/p…
Sam | Liquity retweeted
take ETH
mint BOLD at fixed rate
deposit into yBOLD
mint DOLA at fixed rate
deposit into sDOLA
loop on Flex at fixed rate (?)
Coming very 🔜 to FiRM
Follow along here: forum.inverse.finance/t/add-…
Sam | Liquity retweeted
why Stability Pool $BOLD is a great hedge:
BOLD in the SP gets:
- 75% of all borrow fees in BOLD
- Liquidation gains in ETH
ETH runs → leverage demand up → rates rise → yield up
ETH drops → liquidations up → buy ETH cheap
either way, you earn in unstoppable money ⛓️
there still is alpha on governance forums 👀
yBOLD on @InverseFinance soon™
forum.inverse.finance/t/add-…
Sam | Liquity retweeted
For those wondering what @LiquityProtocol is here a quick explainer.
Thought this was awesome so wanted see what Opus thought of @BaseDollarOrg
Any changes? @georgeh0x @TokenBrice @CupOJoseph @stengarl
if you want a crypto dollar that is:
- only backed by ETH
- delivers good yield
- can never be frozen
BOLD is your dollar.
you can now swap and make an immediate ~0.35% on $1m + too, as BOLD peg is at 0.9965 👀
BOLD and the Stability Pools check all these boxes:
✅ 7% APR paid out in stables
✅ No TradFi dependency
✅ Cannot be frozen
✅ Only backed by ethereum:native, and always redeemable for ethereum:native 🔹
With BOLD at ~$0.997 today, you can swap & make an immediate arb gain of 0.3% 👀
steps👇
Sam | Liquity retweeted
The ethereum:0x6dea81c8171d0ba574754ef6f8b412f2ed88c54d B-1 Token Transparency Filing is live on @Blockworks
Live since 2021.
98.5% of supply circulating.
Immutable contracts, with stakers directing 25% of borrow interest weekly.
Full filing below 👇
Liquity is immutable: no admin keys, pauses, or upgrades.
Users borrow against ETH/staked ETH by minting BOLD, redeemable for $1 of collateral.
Liquity’s B-1 Token Transparency Filing lists 6 gaps.
$LQTY launched in 2021; 98.5% of supply is circulating.
Sam | Liquity retweeted
Liquity is immutable: no admin keys, pauses, or upgrades.
Users borrow against ETH/staked ETH by minting BOLD, redeemable for $1 of collateral.
Liquity’s B-1 Token Transparency Filing lists 6 gaps.
$LQTY launched in 2021; 98.5% of supply is circulating.
6% APR on ETH
while helping grow the Ethereum dollar that is $BOLD.
support cypherpunk DeFi.
Sam | Liquity retweeted
yesterday was the first ever liquidation on Flex 💦
a Trove backed by yBOLD slipped 0.17% below the max CR of 110%
a liquidator repaid the max allowed amount of debt to bring the Trove back to the configured "safe CR" of 120%, for a ~0.66% fee (~17 USDC)
the looper lost 3.5% of his equity
compare that with a liquidation on eg Morpho, where the position would get fully liquidated, with a fixed liq fee of 2.62%
the looper would have lost 27% of his equity
in this case, getting liquidated on Flex was ~87% less destructive
partial liquidations + dynamic liq fee in action
