$BOLD is one of the best Decentralized Stablecoin Launch we've seen in the recent past.

$BOLD's circulating supply reached 7M in the past 24 hours.

- $BOLD is a stablecoin backed by WETH, wstETH, and rETH.

- It is the first stablecoin with immutable contracts; collateral is not subject to change.

- It is the first stablecoin that can actually deliver a more effective yield than the average interest rate paid in the borrow market.

- You can borrow BOLD by depositing any of these collaterals (WETH, wstETH, and rETH) and earn yield in BOLD and ETH by depositing BOLD in various stability pools, which are currently providing over 16% APR.

- Liquity V2 will pass 100% of the protocol revenues to users: 25% to $LQTY stakers and 75% to users who deposit BOLD in stability pools.

- $BOLD is redeemable for ETH anytime.

- $BOLD maintains its $1 peg by adjusting borrowing rates and earning yields to manage redemption risks.

- LQTY V2 has signed agreements with 15+ V2 forks, which will allocate some of their token supply to LQTY V2 users (BOLD users and stakers)
#BOLD #BOLD #BOLD