sBOLD and yBOLD Launch by Liquity Protocol

sBOLD and yBOLD allow users to deposit BOLD in Stability Pools to earn interest from borrowers, with rewards auto-compounding for seamless growth. These tokens can also be staked in various DeFi platforms for additional fork rewards, enhancing interoperability. Built on Liquity v2’s CDP design, the update introduces user-set interest rates and multi-collateral options (e.g., WETH, Lido assets), aiming for better peg stability and lower borrowing costs compared to v1’s 91% LTV liquidation threshold (k3-capital.gitbook.io).

Recent News

Liquity has been making waves recently. In January 2025, Liquity v2 launched on mainnet, introducing BOLD as a novel stablecoin (coindar.org). A testnet on Sepolia followed in early 2025, refining the protocol’s mechanics. Asymmetry Finance, a friendly fork of Liquity v2, also launched on May 28, 2025, enabling USDaf borrowing with Bitcoin collateral, signaling growing ecosystem adoption (tradingview.com).

Future Plans

Liquity aims to deepen BOLD integration across DeFi, with plans to expand collateral types and Stability Pool markets. The protocol’s governance-free, non-custodial design will continue to prioritize user autonomy, potentially setting a new standard for decentralized borrowing (coindar.org).

Onchain Data

Specific onchain metrics for sBOLD/yBOLD are not yet available as the launch is recent, but Liquity’s v1 historically saw strong activity, with over $1B in collateral locked at its peak (dune.com). Expect similar traction as BOLD gains adoption.

Community Sentiment

X reactions are mixed. @punk3959_eth called it a “game changer,” but @upcoin001 warned of potential 50% market value drops, reflecting concerns over v2’s earlier price impact. Discussions highlight both excitement for innovation and caution about volatility.

Risk Disclaimer

New features may introduce price volatility; research thoroughly before participating.