Liquity V2 Mainnet Redeployment

Liquity V2’s redeployment marks the culmination of months of rigorous audits and fixes. This week, Cantina researchers are finalizing code submissions, followed by re-audits from ChainSecurity and Dedaub next week. The mainnet launch will enable users to mint BOLD, a stablecoin offering native yield and full redeemability for staked ETH, with interest-free borrowing and a low collateral ratio [Liquity.org]. This upgrade aims to redefine DeFi stability by enhancing Liquity V1’s LUSD stablecoin mechanics [mixbytes.io].

Recent News

Liquity faced setbacks earlier this year when Stability Pool issues delayed the initial V2 rollout. A fix was announced in February 2025, followed by extensive audits to ensure security [TradingView News]. The protocol’s focus on transparency and security has bolstered community trust, setting the stage for this redeployment.

Future Plans

Post-launch, Liquity aims to expand BOLD’s integration into DeFi ecosystems, offering users more ways to leverage ETH collateral. The roadmap includes potential partnerships to enhance liquidity and adoption, positioning BOLD as a leading stablecoin in DeFi [Liquity.org].

Onchain Data

While specific V2 metrics are unavailable pre-launch, Liquity V1 has seen steady activity, with over $50M in LUSD minted and 10K+ active Troves as of April 2025 [Dune Analytics]. V2 is expected to drive higher transaction volumes with BOLD’s advanced features.

Community Sentiment

The X community is buzzing with excitement! Posts like “$LQTY” from @amonbuy and celebratory emojis from @RhettShipp reflect optimism. However, some users, like @eth000000000, voice concerns about potential issues, highlighting the need for flawless execution to maintain trust.

Why It Matters

BOLD’s unique mechanics could set a new standard for stablecoins, attracting DeFi users seeking yield and stability. With ETH at $1,953.74 [CoinGecko], the timing aligns with bullish market trends, potentially amplifying impact.

Risk Disclaimer: As with any DeFi launch, ensure you research potential smart contract risks before participating.