Liquity & Liquity v2 (BOLD) Airdrop

Liquity is universally recognized as the gold standard of decentralized, governance-free, and censorship-resistant credit protocols in crypto. Founded by Robert Lauko and Rick Pardoe and backed by $8 Million in venture funding from Polychain Capital, Pantera Capital, Alameda Research, 1kx, and Tomahawk.VC, Liquity v1 launched with fully immutable smart contracts—meaning there are no admin keys, no governance votes, and no variable interest rates. Users deposit native Ethereum ($ETH) to open a 'Trove' and borrow $LUSD at a 0% interest rate against an ultra-low minimum collateral ratio of 110%.

Liquity maintains the stability of LUSD through its revolutionary Stability Pool: depositors provide LUSD into the pool to automatically absorb liquidated collateral during market downturns, receiving discounted ETH and newly minted $LQTY tokens in return. $LQTY stakers earn 100% of all one-time borrowing and redemption fees generated by the system directly in ETH and LUSD.

The protocol is now launching its monumental Liquity v2 upgrade featuring $BOLD. Liquity v2 introduces user-set variable interest rates (enabling borrowers to set their own rate to balance redemption risk), support for multiple collateral types including staked ETH (wstETH, rETH), and decentralized interest rate redirection to Stability Pools. Early borrowers, stability providers, and LQTY stakers are primed for major incentives across both protocol generations.

The secondary token $LQTY has a capped supply of 100 Million. Staking LQTY captures 100% of all borrowing and redemption fees in ETH and LUSD. Liquity v2 introduces $BOLD as the next-generation decentralized debt asset with dynamic market-driven interest distribution.