Join the community content competition organized by Possum Labs and get $PSM rewards! 👇The Rules👇

1/ Redemptions: Why Are They Important? Redemptions are crucial to maintaining peg stability for $BOLD. With Liquity v2, this mechanism ensures that $BOLD remains closely pegged to $1. A short 🧵 on redemptions and how they work in v2 👇

When the phrase “decentralized stablecoin” gets mentioned everyone on CT thinks of LUSD. Except Vitalik, who keeps ignoring it. Saw it happen multiple times, no idea why. p.s. I think RAI is great, but it is an objectively smaller product.

DYAD may have just done the impossible and shipped the first decentralized, scalable, and capital efficient stablecoin $DYAD (by tokenizing excess collateral). This is the $YFI moment for the next DeFi renaissance.

It's the last day of the Possum Labs Community Content Competition! Write a thread about a DeFi strategy involving Portals and earn $PSM!

> 10K ETH

We at the Collective exist to support #DeFi because we believe it is a special use case, one fundamental to and empowering all others. We believe this endeavor to be a net positive for the Ethereum network as a whole: time will show Check our website in our bio for more info

Another DYAD 🤝 Astaria partnership. Users can now use DYAD Notes as collateral for ERC-20 loans. Borrow any token on Ethereum without the need to liquidate your assets!

Today, we proudly introduce Royco: the Incentivized Action Market (IAM) Protocol. It's an entirely new primitive. Here's everything you need to know 👇

The Liquity V2 codebase is now public! 🚨 📣 github.com/liquity/bold/ This opens the doors for developers to build on top of V2, and redefines the future of borrowing in DeFi A 🧵 on the endgame for borrowing 👇

The Collective will propose an initiative geared towards supporting liquidity of BOLD on the Superchain, starting with Optimism and Base Looking forward to presenting it for voting to the LQTY stakers in a few months 👀

The HAI / LUSD Basic pool TVL is back to ATH. +26% since this previous tweet. Nice work everyone 👏

gm & friendly reminder: the closest thing to a DeFI EF is🐜 ✅Supports genuine DeFi projects ✅Independent & self-sufficient ✅Operates transparently & reports on treasury monthly ✅Defined what genuine DeFi is (vs. onchain CeFI) 🔜Decentralization assessments of main protocols

Genuine DeFi can be way more than a niche It has the potential to become a hub for better finance

The Collective is looking forward to submitting a Bold Protocol Incentivized Liquidity initiative that will support the growth of BOLD on Optimism and Base, harnessing the Ants' 6M veVELO & 400k veAERO positions

News from Possum Labs Discord: Smart Contracts✅ Audits✅ Frontend⚙️ September🤝

Introducing: the first seamless way to bridge cross-chain from Safe 🎉 Starting today, you can bridge with zero hassle: