Liquity USD
LUSD
#411
Liquity USD is a redeemable stablecoin, pegged to the US dollar, allows you to get a loan at 0% for Ether. The stablecoin has several advantages, for example, the interest rate is 0%, and the collateral ratio is only 110%.
News about Liquity USD
Liquity USDLUSD #411
26 Sep 2023, 06:30
We're excited to announce that @svobodamichael will be speaking at the Stablecoin Symposium in Zurich!
The upcoming event delves into the current stablecoin market trends, regulatory implications, and latest policy developments with a special spotlight on Switzerland 🇨🇭
👇
We're excited to announce that @svobodamichael will be speaking at the Stablecoin Symposium in Zurich.We're excited to announce that @svobodamichael will be speaking at the Stablecoin Symposium in Zurich!
The upcoming event delves into the current stablecoin market trends, regulatory implications, and latest policy developments with a special spotlight on Switzerland 🇨🇭
👇
Liquity USDLUSD #411
24 Sep 2023, 19:00
A deep dive into all things v2!
Check it out 👇
A deep dive into all things v2. Check it out.A deep dive into all things v2!
Check it out 👇
Liquity USDLUSD #411
24 Sep 2023, 09:35
🎙️ Ep 35 is live
🌊 Can Liquity V2 Solve The Stablecoin Trilemma?
✨ Featuring @LiquityProtocol Founder @robert_lauko and CEO @svobodamichael
Ep 35 is live. Can Liquity V2 Solve The Stablecoin Trilemma.🎙️ Ep 35 is live
🌊 Can Liquity V2 Solve The Stablecoin Trilemma?
✨ Featuring @LiquityProtocol Founder @robert_lauko and CEO @svobodamichael
Liquity USDLUSD #411
22 Sep 2023, 21:46
https://x.com/ethena_labs/status/1705310924507058473?s=46&t=4CSlXcOn99wMrgzIO4XyhQ
Liquity USDLUSD #411
20 Sep 2023, 21:27
Liquidity providers of LUSD on @mavprotocol can now see where they stand on Maverick's ecosystem leaderboard! ⭐
Check it out here 👇
Liquidity providers of LUSD on @mavprotocol can now see where they stand on Maverick's ecosystem leaderboard. Check it out here.Liquidity providers of LUSD on @mavprotocol can now see where they stand on Maverick's ecosystem leaderboard! ⭐
Check it out here 👇
https://t.co/OuxfIfEdkp
Liquity USDLUSD #411
20 Sep 2023, 17:37
GM, @MessariCrypto and New York 🍎
👋 Come meet us! @YuliyanDeFi and @SamExotic3 from Liquity are at Messari Mainnet 2023.
If you're in the area, don't hesitate to send them a DM! #MessariMainnet2023
GM, @MessariCrypto and New York. Come meet us. @YuliyanDeFi and @SamExotic3 from Liquity are at Messari Mainnet 2023.GM, @MessariCrypto and New York 🍎
👋 Come meet us! @YuliyanDeFi and @SamExotic3 from Liquity are at Messari Mainnet 2023.
If you're in the area, don't hesitate to send them a DM! #MessariMainnet2023
Liquity USDLUSD #411
20 Sep 2023, 09:00
1/ Community Rewards - August 🎉
The recipients will receive rewards worth 1'000 #LQTY*
@cesarioo__ , @0xdeif , @0xEvix , @CryptosWith , @omerr_yanar
Thank you, sers! 🙏
*Rewards will be paid out in #ETH
1/ Community Rewards - August. The recipients will receive rewards worth 1'000 #LQTY*.1/ Community Rewards - August 🎉
The recipients will receive rewards worth 1'000 #LQTY*
@cesarioo__ , @0xdeif , @0xEvix , @CryptosWith , @omerr_yanar
Thank you, sers! 🙏
*Rewards will be paid out in #ETH
Liquity USDLUSD #411
19 Sep 2023, 11:08
level up your stables game 🚨 🎉
🌠 A rated sensation at @bluechip_org
🌊 Making waves as @ExponentialFi's best stable
✳️ A risk profile like no other according to @ReveloIntel
🧭 Strategies with @robolabs_biz
A short 🧵 why LUSD is the gold standard when it comes to stables
level up your stables game. A rated sensation at @bluechip_org. Making waves as @ExponentialFi's best stable.level up your stables game 🚨 🎉
🌠 A rated sensation at @bluechip_org
🌊 Making waves as @ExponentialFi's best stable
✳️ A risk profile like no other according to @ReveloIntel
🧭 Strategies with @robolabs_biz
A short 🧵 why LUSD is the gold standard when it comes to stables
Liquity USDLUSD #411
15 Sep 2023, 17:56
Happy Friday CT!
What better way to spend your weekend than a 3 hour deep dive into
- Liquity v1
- @ChickenBonds
- and the design ideas around Liquity v2 👀
Grab your 🍿 and settle in 👇
Happy Friday CT. What better way to spend your weekend than a 3 hour deep dive into. - Liquity v1. - @ChickenBonds.Happy Friday CT!
What better way to spend your weekend than a 3 hour deep dive into
- Liquity v1
- @ChickenBonds
- and the design ideas around Liquity v2 👀
Grab your 🍿 and settle in 👇
Liquity USDLUSD #411
15 Sep 2023, 15:00
It's not just about surviving, it's about thriving! 🫡
🐻Even during bear market lows, open troves (loans) with Liquity have been on an unstoppable ascent for more than one year.
✅True market resilience on display!
It's not just about surviving, it's about thriving.It's not just about surviving, it's about thriving! 🫡
🐻Even during bear market lows, open troves (loans) with Liquity have been on an unstoppable ascent for more than one year.
✅True market resilience on display!
Liquity USDLUSD #411
15 Sep 2023, 14:04
The decentralized stablecoin marauder's map is out!
In this piece, I address the critical challenges for designing a decentralized stablecoin & the relevant mechanisms harnessed by live/upcoming ones
Incl. $crvUSD $GHO $DYAD $mkrUSD $fETH & more!
👉
The decentralized stablecoin marauder's map is out.The decentralized stablecoin marauder's map is out!
In this piece, I address the critical challenges for designing a decentralized stablecoin & the relevant mechanisms harnessed by live/upcoming ones
Incl. $crvUSD $GHO $DYAD $mkrUSD $fETH & more!
👉 https://t.co/4ssUJufbtH
Liquity USDLUSD #411
15 Sep 2023, 07:54
Community Rewards - August 🚨
Submissions to claim rewards are now open.
If you contributed to the expansion of the Liquity ecosystem then pls submit your claim here:
Community Rewards - August. Submissions to claim rewards are now open.Community Rewards - August 🚨
Submissions to claim rewards are now open.
If you contributed to the expansion of the Liquity ecosystem then pls submit your claim here: https://t.co/aHR5pK7YOr
Liquity USDLUSD #411
14 Sep 2023, 17:41
The (updated) oracle conundrum for v2 🔮✨
In our quest to shape the blueprint for oracles and v2, last month we made public some of our extensive research into the oracle landscape. 🔮
The feedback we received from our vibrant community and the different oracle providers was not only enlightening, but very helpful in refining our understanding of oracles. This iterative learning process has been invaluable, and we hope to have the same collaborative spirit for all future topics related to v2!
Thus, we have taken the initiative to re-articulate our learnings, ensuring that the insights we have learnt can help contribute to the understanding of oracles within DeFi in general.
Before we dive in, a couple of reminders: this is internal research that we’re making public, rather than a definitive oracle rating system - and our vision for v2 is to build a protocol that is as immutable as can be.
Here's a recap of our collective insights on the infographic, and an updated look at things:
/LiquityProtocol/status/1702377038185734582/photo/1 Admin control / Controlling entity
No changes here - @WeAreTellor and @Uniswap are the only two we looked at that truly have no ‘admin’ control. Admin control in this instance refers to a controlling entity that has the ability to modify or upgrade that particular oracle.
👇
Compatibility with immutable dApps
After speaking with different oracle teams on the matter, we came to a conclusion that fully immutable oracles are the only ones which can be determined as 'green', while oracles that follow a proxy architecture are not the same. Why, you ask? ⬇️
Proxy oracle contracts introduce potential risks due to their upgrade capacity. Most proxy oracle architectures have the ability to completely replace the oracle logic, and could (for example) block specific protocols from accessing vital price feeds based on the identity of the requesting protocol or the type of data request. The mere presence of such control is a concern - hence the change of the color code of any oracles with a proxy architecture to yellow.
👇
Attack costs and “cost to controlling entity”
One great example of a learning from the iterative process taken with the different oracle providers was to split the crypto economic guarantees into two components: a) attack costs, and b) what the controlling entity has at stake. “Attack costs” refers to the economic cost of compromising the oracle’s security, e.g. a malicious actor gaining control over the price feed.
The “cost to controlling entity” column refers to what a governing entity “has to lose” by manipulating, censoring or suddenly deleting the oracle.
For the IC exchange rate canister specifically, we learned that it is now in fact heavily integrated into the core IC ecosystem, and that 'messing' with the oracle would pretty much undermine the ICP network as a whole. On top of that, it is also the only oracle we looked at that has a legitimate decentralized governance mechanism (voting-based).
Despite this, our research still points to the notion that there isn’t any one oracle which combines complete trustlessness with reasonably low latency.
👇
Latency
The only change here is that we learned that the IC exchange rate canister has a worst-case latency of ~1 minute due to historical data granularity - although there is potential for sub-second latency if their outcall functionality were extended to allow for medianization of the latest spot price.
We would also like to clarify our stance on the track record tab of the infographic - our track record criteria specifically refers to the track record of the oracle provider on Mainnet
In closing, this exploration was enriched by the proactive participation and feedback of our community and the various oracle teams. Collectively, these learnings help set the stage for our v2 journey, ensuring that it's founded on a collaborative spirit.
Join our Discord for further discussions on all things oracles and v2:
The (updated) oracle conundrum for v2.The (updated) oracle conundrum for v2 🔮✨
In our quest to shape the blueprint for oracles and v2, last month we made public some of our extensive research into the oracle landscape. 🔮
The feedback we received from our vibrant community and the different oracle providers was not only enlightening, but very helpful in refining our understanding of oracles. This iterative learning process has been invaluable, and we hope to have the same collaborative spirit for all future topics related to v2!
Thus, we have taken the initiative to re-articulate our learnings, ensuring that the insights we have learnt can help contribute to the understanding of oracles within DeFi in general.
Before we dive in, a couple of reminders: this is internal research that we’re making public, rather than a definitive oracle rating system - and our vision for v2 is to build a protocol that is as immutable as can be.
Here's a recap of our collective insights on the infographic, and an updated look at things:
/LiquityProtocol/status/1702377038185734582/photo/1 Admin control / Controlling entity
No changes here - @WeAreTellor and @Uniswap are the only two we looked at that truly have no ‘admin’ control. Admin control in this instance refers to a controlling entity that has the ability to modify or upgrade that particular oracle.
👇
Compatibility with immutable dApps
After speaking with different oracle teams on the matter, we came to a conclusion that fully immutable oracles are the only ones which can be determined as 'green', while oracles that follow a proxy architecture are not the same. Why, you ask? ⬇️
Proxy oracle contracts introduce potential risks due to their upgrade capacity. Most proxy oracle architectures have the ability to completely replace the oracle logic, and could (for example) block specific protocols from accessing vital price feeds based on the identity of the requesting protocol or the type of data request. The mere presence of such control is a concern - hence the change of the color code of any oracles with a proxy architecture to yellow.
👇
Attack costs and “cost to controlling entity”
One great example of a learning from the iterative process taken with the different oracle providers was to split the crypto economic guarantees into two components: a) attack costs, and b) what the controlling entity has at stake. “Attack costs” refers to the economic cost of compromising the oracle’s security, e.g. a malicious actor gaining control over the price feed.
The “cost to controlling entity” column refers to what a governing entity “has to lose” by manipulating, censoring or suddenly deleting the oracle.
For the IC exchange rate canister specifically, we learned that it is now in fact heavily integrated into the core IC ecosystem, and that 'messing' with the oracle would pretty much undermine the ICP network as a whole. On top of that, it is also the only oracle we looked at that has a legitimate decentralized governance mechanism (voting-based).
Despite this, our research still points to the notion that there isn’t any one oracle which combines complete trustlessness with reasonably low latency.
👇
Latency
The only change here is that we learned that the IC exchange rate canister has a worst-case latency of ~1 minute due to historical data granularity - although there is potential for sub-second latency if their outcall functionality were extended to allow for medianization of the latest spot price.
We would also like to clarify our stance on the track record tab of the infographic - our track record criteria specifically refers to the track record of the oracle provider on Mainnet
In closing, this exploration was enriched by the proactive participation and feedback of our community and the various oracle teams. Collectively, these learnings help set the stage for our v2 journey, ensuring that it's founded on a collaborative spirit.
Join our Discord for further discussions on all things oracles and v2: https://t.co/MoQS1ZgSvj
Liquity USDLUSD #411
14 Sep 2023, 14:55
🏠 Buying a home with a mortgage loan:
❌ Time-consuming. Complicated. 5-6%+ interest rate.
Buying a home with Liquity:
✅ Lightning fast. Easy. 0% interest rate. No counterparty risk.
It’s a no-brainer really.
👀Watch the drone footage of a DeFi user who tells his story of buying a home with a Liquity loan.👇
Buying a home with a mortgage loan:. Time-consuming. Complicated. 5-6%+ interest rate. Buying a home with Liquity:.🏠 Buying a home with a mortgage loan:
❌ Time-consuming. Complicated. 5-6%+ interest rate.
Buying a home with Liquity:
✅ Lightning fast. Easy. 0% interest rate. No counterparty risk.
It’s a no-brainer really.
👀Watch the drone footage of a DeFi user who tells his story of buying a home with a Liquity loan.👇
Liquity USDLUSD #411
12 Sep 2023, 17:40
Tired of the rage-quit and governance drama?
Liquity gives you peace of mind.
No DAO.
No governance.
No treasury to fight about.
Because humans are easily tempted…
Tired of the rage-quit and governance drama. Liquity gives you peace of mind. No DAO. No governance. No treasury to fight about.Tired of the rage-quit and governance drama?
Liquity gives you peace of mind.
No DAO.
No governance.
No treasury to fight about.
Because humans are easily tempted…
Liquity USDLUSD #411
12 Sep 2023, 14:55
This Thursday 🔔
Dive deep into the ETH <> ICP integration at our roundtable!
Speakers 💬:
@Robert_Lauko ( @LiquityProtocol ), @lastmjs ( @DemergentLabs ), Max Chamberlin ( @BitfinityNet ), @drmllr (IMTBL), @rh7 (ProtoCap)
Hosts:
@isaac_icp 🤝 @WCTNoah
This Thursday. Dive deep into the ETH <> ICP integration at our roundtable. Speakers :.This Thursday 🔔
Dive deep into the ETH <> ICP integration at our roundtable!
Speakers 💬:
@Robert_Lauko ( @LiquityProtocol ), @lastmjs ( @DemergentLabs ), Max Chamberlin ( @BitfinityNet ), @drmllr (IMTBL), @rh7 (ProtoCap)
Hosts:
@isaac_icp 🤝 @WCTNoah
Liquity USDLUSD #411
12 Sep 2023, 14:24
gm Austin ☕ @Permissionless
Slide into the DMs to chat about all things stablecoins and v2 👀
gm Austin @Permissionless. Slide into the DMs to chat about all things stablecoins and v2.gm Austin ☕ @Permissionless
Slide into the DMs to chat about all things stablecoins and v2 👀
Liquity USDLUSD #411
11 Sep 2023, 15:53
Keen to learn more about Liquity v2?
Check out @colingplatt 's chat with the chads over @leviathan_news ! 👇
Keen to learn more about Liquity v2. Check out @colingplatt 's chat with the chads over @leviathan_news .Keen to learn more about Liquity v2?
Check out @colingplatt 's chat with the chads over @leviathan_news ! 👇
Liquity USDLUSD #411
11 Sep 2023, 14:08
Leviathan Livestream! @LiquityProtocol v2 w/ Colin Platt
Leviathan Livestream. @LiquityProtocol v2 w/ Colin Platt.Leviathan Livestream! @LiquityProtocol v2 w/ Colin Platt
Liquity USDLUSD #411
08 Sep 2023, 15:23
🚨 EVENTS galore! 📢
A reminder that over the next few weeks, various Liquity contributors will be at multiple events!
If you will be at:
@FinTech_li
@dappcon_berlin
@Permissionless
@messarimainnet
Slide into our DMs, and let's talk about decentralized stablecoins & v2 ✨🌟
EVENTS galore. A reminder that over the next few weeks, various Liquity contributors will be at multiple events.🚨 EVENTS galore! 📢
A reminder that over the next few weeks, various Liquity contributors will be at multiple events!
If you will be at:
@FinTech_li
@dappcon_berlin
@Permissionless
@messarimainnet
Slide into our DMs, and let's talk about decentralized stablecoins & v2 ✨🌟
Liquity USDLUSD #411
08 Sep 2023, 14:12
#Llamas assemble 🦙 🚨
A new proposal has been made to add a gauge for the LUSD/crvUSD pool on @CurveFinance .
✅ You can vote here:
#Llamas assemble. A new proposal has been made to add a gauge for the LUSD/crvUSD pool on @CurveFinance . You can vote here:.#Llamas assemble 🦙 🚨
A new proposal has been made to add a gauge for the LUSD/crvUSD pool on @CurveFinance .
✅ You can vote here: https://t.co/j4P6z871Oh
Liquity USDLUSD #411
08 Sep 2023, 07:56
We're pleased to inform you of our integration with
@LiquityProtocol , recognized leaders and innovators in decentralized finance.
We believe this collaboration will support our goal of offering top-tier portfolio management across DeFi & CeFi.
We're pleased to inform you of our integration with.We're pleased to inform you of our integration with
@LiquityProtocol , recognized leaders and innovators in decentralized finance.
We believe this collaboration will support our goal of offering top-tier portfolio management across DeFi & CeFi.
Liquity USDLUSD #411
07 Sep 2023, 18:46
Did you buy a car 🚗 , house 🏠 or something else with a Liquity loan?
Let’s spread the word, and showcase some real-life stories of how DeFi is changing the financial system 🔵
Share your story in the comments 👇
Did you buy a car , house or something else with a Liquity loan.Did you buy a car 🚗 , house 🏠 or something else with a Liquity loan?
Let’s spread the word, and showcase some real-life stories of how DeFi is changing the financial system 🔵
Share your story in the comments 👇
Liquity USDLUSD #411
06 Sep 2023, 15:36
It's been a busy August as we GEAR up for V3 and expand Curve V2. That's why our DAO report is here to make it easy for you.
Featuring:
⚙️ @LiquityProtocol 's LUSD swap
⚙️ Security
⚙️ Roadmap
⚙️ GRF and more!!
Read here:
It's been a busy August as we GEAR up for V3 and expand Curve V2. That's why our DAO report is here to make it easy for you.It's been a busy August as we GEAR up for V3 and expand Curve V2. That's why our DAO report is here to make it easy for you.
Featuring:
⚙️ @LiquityProtocol 's LUSD swap
⚙️ Security
⚙️ Roadmap
⚙️ GRF and more!!
Read here:
Liquity USDLUSD #411
05 Sep 2023, 15:20
🚨 The Liquity team goes on tour 🎸🌎
Liquity contributors will be at the following events in September:
- @FinTech_li
- @dappcon_berlin
- @Permissionless
- @messarimainnet
Slide into our DMs if you'd like to catch up to chat about anything related to v2 & stablecoins ✨🌟
The Liquity team goes on tour. Liquity contributors will be at the following events in September:. - @FinTech_li.🚨 The Liquity team goes on tour 🎸🌎
Liquity contributors will be at the following events in September:
- @FinTech_li
- @dappcon_berlin
- @Permissionless
- @messarimainnet
Slide into our DMs if you'd like to catch up to chat about anything related to v2 & stablecoins ✨🌟
Liquity USDLUSD #411
05 Sep 2023, 14:59
Liquity USDLUSD #411
04 Sep 2023, 15:36
new hire alert 🔔🚨
We are delighted to announce that @colingplatt will be supporting our launch of 'v2' as the Head of Product.
Colin has a strong financial background and has been active in the DeFi space since its inception. He has advised several projects from startups to established players, and played a pivotal early role with the likes of Qredo and Sora. He ventured into crypto in 2013, where he led the crypto team at BNP Paribas Global Markets. In 2016, he helped create a derivatives clearing platform for the London Stock Exchange.
Prior to joining Liquity, he worked as an independent consultant within NFTs and DeFi, and led smart contract development for the Alto NFT Marketplace.
We are convinced that Colin’s interesting blend of having a traditional finance background, DeFi expertise, and tech knowledge makes him the ideal person to help shape and launch our v2 product.
💪
new hire alert. We are delighted to announce that @colingplatt will be supporting our launch of 'v2' as the Head of Product.new hire alert 🔔🚨
We are delighted to announce that @colingplatt will be supporting our launch of 'v2' as the Head of Product.
Colin has a strong financial background and has been active in the DeFi space since its inception. He has advised several projects from startups to established players, and played a pivotal early role with the likes of Qredo and Sora. He ventured into crypto in 2013, where he led the crypto team at BNP Paribas Global Markets. In 2016, he helped create a derivatives clearing platform for the London Stock Exchange.
Prior to joining Liquity, he worked as an independent consultant within NFTs and DeFi, and led smart contract development for the Alto NFT Marketplace.
We are convinced that Colin’s interesting blend of having a traditional finance background, DeFi expertise, and tech knowledge makes him the ideal person to help shape and launch our v2 product.
💪
Liquity USDLUSD #411
01 Sep 2023, 03:07
hey fellow @ETHWarsaw attendees 📣 🇵🇱
Make sure to catch @robert_lauko & @cediwaldburger 's talk on ushering in a new era of Stablecoins
When: Today at 11am CEST
Where: Second Stage
This is not something you want to miss 👀
hey fellow @ETHWarsaw attendees.hey fellow @ETHWarsaw attendees 📣 🇵🇱
Make sure to catch @robert_lauko & @cediwaldburger 's talk on ushering in a new era of Stablecoins
When: Today at 11am CEST
Where: Second Stage
This is not something you want to miss 👀
Liquity USDLUSD #411
31 Aug 2023, 20:59
Faltan dos horas para nuestro space con @marcusdotam de @LiquityProtocol , donde vamos a aprender sobre $LUSD y su protocolo base.
Al igual que se dará a conocer del giveaway que tendremos 🎁 👀
Faltan dos horas para nuestro space con @marcusdotam de @LiquityProtocol , donde vamos a aprender sobre $LUSD y su protocolo basFaltan dos horas para nuestro space con @marcusdotam de @LiquityProtocol , donde vamos a aprender sobre $LUSD y su protocolo base.
Al igual que se dará a conocer del giveaway que tendremos 🎁 👀
Liquity USDLUSD #411
31 Aug 2023, 15:51
August recap 📅
Who said August was just for vacations? 😎
Here's a quick wrap-up of the Liquity extravaganza this month! 👇🧵
ATH in Troves
/LiquityProtocol/status/1697275931121893659/photo/1
bull market 🐂 or bear market 🐻, Liquity doesn't care.
Liquity dances to its own tune 🎵, when the beat of solid fundamentals are there.
In August, an ATH on the number of open troves was reached (1309) 🏆
An amazing display of trust from DeFi users.🙏
👇
LUSD as a DAO treasury asset 🏅
$LUSD is making its mark as a favorite DAO treasury stablecoin to hold.
/LiquityProtocol/status/1697275931121893659/photo/2
In August, the likes of @gearboxprotocol , @silofinance , and @BaoFinance all hopped on the decentralization bandwagon, and diversified their treasuries adding the with the most decentralized stablecoin around.
Who's next?
👇
LUSD proliferation on layer 2's continues
While Liquity's immutable nature means it will always remain a permanent resident of the Ethereum mainnet, guess what?
You can now spot bridged LUSD vacationing on @0xMantle and soon, @0xPolygon zk🏖️.
👇
LUSD as a collateral asset on @AaveAave
$LUSD is officially rocking as a collateral asset on @aaveaave with a unanimous "YAE" from the community. 🤘
/LiquityProtocol/status/1697275931121893659/photo/3
Needless to say, the demand for LUSD as a collateral has been impressive 👀
👇
On/offramp LUSD in Mexico 🇲🇽
@0xsuarmi have integrated LUSD on and offramps into MXN pesos and vice versa across Ethereum, @optimismFND , and @arbitrum .
This marks the first on/offramp venue for LUSD in the LATAM region.
👇
LUSD as a base asset on @PolynomialFi
⚡Last but not least, $LUSD has been added to the DeFi powerhouse @PolynomialFi on @optimismFND
/LiquityProtocol/status/1697275931121893659/photo/4
Can’t wait to see what September holds.
Onward and upward! ⬆️
August recap. Who said August was just for vacations. Here's a quick wrap-up of the Liquity extravaganza this month.August recap 📅
Who said August was just for vacations? 😎
Here's a quick wrap-up of the Liquity extravaganza this month! 👇🧵
ATH in Troves
/LiquityProtocol/status/1697275931121893659/photo/1
bull market 🐂 or bear market 🐻, Liquity doesn't care.
Liquity dances to its own tune 🎵, when the beat of solid fundamentals are there.
In August, an ATH on the number of open troves was reached (1309) 🏆
An amazing display of trust from DeFi users.🙏
👇
LUSD as a DAO treasury asset 🏅
$LUSD is making its mark as a favorite DAO treasury stablecoin to hold.
/LiquityProtocol/status/1697275931121893659/photo/2
In August, the likes of @gearboxprotocol , @silofinance , and @BaoFinance all hopped on the decentralization bandwagon, and diversified their treasuries adding the with the most decentralized stablecoin around.
Who's next?
👇
LUSD proliferation on layer 2's continues
While Liquity's immutable nature means it will always remain a permanent resident of the Ethereum mainnet, guess what?
You can now spot bridged LUSD vacationing on @0xMantle and soon, @0xPolygon zk🏖️.
👇
LUSD as a collateral asset on @AaveAave
$LUSD is officially rocking as a collateral asset on @aaveaave with a unanimous "YAE" from the community. 🤘
/LiquityProtocol/status/1697275931121893659/photo/3
Needless to say, the demand for LUSD as a collateral has been impressive 👀
👇
On/offramp LUSD in Mexico 🇲🇽
@0xsuarmi have integrated LUSD on and offramps into MXN pesos and vice versa across Ethereum, @optimismFND , and @arbitrum .
This marks the first on/offramp venue for LUSD in the LATAM region.
👇
LUSD as a base asset on @PolynomialFi
⚡Last but not least, $LUSD has been added to the DeFi powerhouse @PolynomialFi on @optimismFND
/LiquityProtocol/status/1697275931121893659/photo/4
Can’t wait to see what September holds.
Onward and upward! ⬆️
Liquity USDLUSD #411
31 Aug 2023, 12:38
At @ETHWarsaw and in need of some tacos later? 🌮
Join us using the link below!
At @ETHWarsaw and in need of some tacos later. Join us using the link below.At @ETHWarsaw and in need of some tacos later? 🌮
Join us using the link below!
Liquity USDLUSD #411
30 Aug 2023, 17:00
Looking for a stablecoin that stands out from the crowd? 🤔
Check out our latest blog post on $LUSD!
👇 Discover how @LiquityProtocol is reshaping the crypto landscape!
Looking for a stablecoin that stands out from the crowd. Check out our latest blog post on $LUSD.Looking for a stablecoin that stands out from the crowd? 🤔
Check out our latest blog post on $LUSD!
👇 Discover how @LiquityProtocol is reshaping the crypto landscape!
Liquity USDLUSD #411
30 Aug 2023, 15:57
In Warsaw? 🇵🇱
Make sure to catch our talk 👇
In Warsaw. Make sure to catch our talk.In Warsaw? 🇵🇱
Make sure to catch our talk 👇
Liquity USDLUSD #411
29 Aug 2023, 13:13
Hallo deutschsprachige Freunde!🇩🇪
Erfahre mehr über Liquity v2 auf Deutsch mit @kevin_soell video 👇
Hallo deutschsprachige Freunde. Erfahre mehr über Liquity v2 auf Deutsch mit @kevin_soell video.Hallo deutschsprachige Freunde!🇩🇪
Erfahre mehr über Liquity v2 auf Deutsch mit @kevin_soell video 👇
Liquity USDLUSD #411
28 Aug 2023, 14:59
✨No Manches, wey!⛓️
hola mexicooo 🇲🇽 📢🌮
The first on/offramp for LUSD in LATAM is now live!🔵
Check out @0xsuarmi 's 🧵on their LUSD integration below for the Mexican market👇
ps: they're doing a giveaway 👀
No Manches, wey. hola mexicooo. The first on/offramp for LUSD in LATAM is now live.✨No Manches, wey!⛓️
hola mexicooo 🇲🇽 📢🌮
The first on/offramp for LUSD in LATAM is now live!🔵
Check out @0xsuarmi 's 🧵on their LUSD integration below for the Mexican market👇
ps: they're doing a giveaway 👀
Liquity USDLUSD #411
28 Aug 2023, 14:36
📣 HEJ Warsaw 🇵🇱
Liquity founder @robert_lauko and @cediwaldburger will be in Warsaw this week for @ETHWarsaw !
Make sure to catch their talk on ushering in a new era of Stablecoins 👀
When: September 1st, 11am CEST
Where: Second Stage
There's more 👇
HEJ Warsaw. Liquity founder @robert_lauko and @cediwaldburger will be in Warsaw this week for @ETHWarsaw .📣 HEJ Warsaw 🇵🇱
Liquity founder @robert_lauko and @cediwaldburger will be in Warsaw this week for @ETHWarsaw !
Make sure to catch their talk on ushering in a new era of Stablecoins 👀
When: September 1st, 11am CEST
Where: Second Stage
There's more 👇
Liquity USDLUSD #411
25 Aug 2023, 15:15
✨Se viene un nuevo gran Space: Trilema de las monedas estables
Vamos a ver diferentes enfoques y explorar algunos proyectos que lo están abordando como @LiquityProtocol , @AaveAave y @CurveFinance
🗣️ @GoneMultichain , @miguelmtzinf y @bingentxu
🎙️ @thelyingbear y @marcusdotam
Se viene un nuevo gran Space: Trilema de las monedas estables.✨Se viene un nuevo gran Space: Trilema de las monedas estables
Vamos a ver diferentes enfoques y explorar algunos proyectos que lo están abordando como @LiquityProtocol , @AaveAave y @CurveFinance
🗣️ @GoneMultichain , @miguelmtzinf y @bingentxu
🎙️ @thelyingbear y @marcusdotam
Liquity USDLUSD #411
25 Aug 2023, 14:24
📣 LUSD as a treasury asset ✊ ⛓️
As DAOs continue diversifying their treasury, $LUSD is emerging as the stablecoin of choice across DeFi 🌟
✅ Immutable
✅ Backed by only trustless collateral (ETH)
✅ Fully decentralized
Join the revolution led by these protocols 👇 🔵
LUSD as a treasury asset.📣 LUSD as a treasury asset ✊ ⛓️
As DAOs continue diversifying their treasury, $LUSD is emerging as the stablecoin of choice across DeFi 🌟
✅ Immutable
✅ Backed by only trustless collateral (ETH)
✅ Fully decentralized
Join the revolution led by these protocols 👇 🔵
Liquity USDLUSD #411
24 Aug 2023, 17:38
Missed our Oracles in DeFi spaces with @PythNetwork and @redstone_defi the other day?
We've got you covered, check it out on our YouTube channel 👇
Missed our Oracles in DeFi spaces with @PythNetwork and @redstone_defi the other day.Missed our Oracles in DeFi spaces with @PythNetwork and @redstone_defi the other day?
We've got you covered, check it out on our YouTube channel 👇
Liquity USDLUSD #411
24 Aug 2023, 08:17
If you happen to be at @ETHWarsaw 🇵🇱 in one week, don't miss out on seeing @robert_lauko and his talk on Breaking The Stablecoin Trilemma.
👉See you there! #EthWarsaw
If you happen to be at @ETHWarsaw in one week, don't miss out on seeing @robert_lauko and his talk on Breaking The Stablecoin TrIf you happen to be at @ETHWarsaw 🇵🇱 in one week, don't miss out on seeing @robert_lauko and his talk on Breaking The Stablecoin Trilemma.
👉See you there! #EthWarsaw
Liquity USDLUSD #411
23 Aug 2023, 22:14
📢 Given recent scams involving Google ads & frontends, we urge users to verify Liquity frontends ONLY through
Please ensure to bookmark your favorite frontends, and please do not not use Google search blindly / click on any sponsored links involving Liquity.
Stay safe! 🙏
Given recent scams involving Google ads & frontends, we urge users to verify Liquity frontends ONLY through.📢 Given recent scams involving Google ads & frontends, we urge users to verify Liquity frontends ONLY through https://t.co/al3WZ6XiTU.
Please ensure to bookmark your favorite frontends, and please do not not use Google search blindly / click on any sponsored links involving Liquity.
Stay safe! 🙏
Liquity USDLUSD #411
18 Aug 2023, 19:09
SPACES alert 📢🚨
Join us for a deep dive on all things oracles on Tuesday @ 3pm UTC 🔮
We will be joined by the giga brains that are:
@rick_liquity - Co-founder at Liquity
@kuba_eth - Founder of @redstone_defi
@jayantkrish - CTO at @PythNetwork
👇
SPACES alert. Join us for a deep dive on all things oracles on Tuesday @ 3pm UTC.SPACES alert 📢🚨
Join us for a deep dive on all things oracles on Tuesday @ 3pm UTC 🔮
We will be joined by the giga brains that are:
@rick_liquity - Co-founder at Liquity
@kuba_eth - Founder of @redstone_defi
@jayantkrish - CTO at @PythNetwork
👇
Liquity USDLUSD #411
18 Aug 2023, 10:03
https://twitter.com/LiquityProtocol/status/1691845067198112218
Liquity USDLUSD #411
17 Aug 2023, 13:15
Community Rewards - June 🎉
The recipients will get rewards worth 2'000 #LQTY*
@0xLuude , @imajinl , @kevin_soell , @DefiIgnas , @ExponentialDeFi and @0x_nanobro
Thank you, sers! 🙏
Pls check their work in the thread.
*Rewards will be paid out in #ETH
1/8
Community Rewards - June. The recipients will get rewards worth 2'000 #LQTY*.Community Rewards - June 🎉
The recipients will get rewards worth 2'000 #LQTY*
@0xLuude , @imajinl , @kevin_soell , @DefiIgnas , @ExponentialDeFi and @0x_nanobro
Thank you, sers! 🙏
Pls check their work in the thread.
*Rewards will be paid out in #ETH
1/8
Liquity USDLUSD #411
15 Aug 2023, 17:45
LUSD is coming to @AaveAave 👻 🌟
The Aave community has spoken loud & clear – LUSD will be an official collateral asset with a unanimous 100% vote!
Max LTV will be set at 77%, mirroring the one for USDC
This will not only benefit users, but pave the way for new integrations.
LUSD is coming to @AaveAave.LUSD is coming to @AaveAave 👻 🌟
The Aave community has spoken loud & clear – LUSD will be an official collateral asset with a unanimous 100% vote!
Max LTV will be set at 77%, mirroring the one for USDC
This will not only benefit users, but pave the way for new integrations.
Liquity USDLUSD #411
15 Aug 2023, 16:01
/LiquityProtocol/status/1691480138708324352/photo/1 Oracles in DeFi
In the DeFi universe, smart contracts make the rules, executing transactions based on data.
But where does this data come from? How do smart contracts gather real-world, off-chain information?
This is where oracles flex their muscles, connecting the on-chain, and off-chain worlds.
A post on some of the approaches taken in the industry, and how it ties into choosing the right oracle for Liquity v2 🧵
The three pillars of modern oracles: Push-based, Low-latency, and TWAP
1) Push-based oracles (eg: @chainlink ):
Push-based oracles follow a simple mechanism where they regularly "push" price data on-chain at specific intervals, or at various deviation thresholds.
@chainlink is a well-known example of a push-based oracle. At predetermined time intervals, or if the price of a said asset deviates by more than 0.5% since the last update, Chainlink 'pushes' the latest market price data to the blockchain.
Chainlink uses a decentralized network of nodes to collect and feed data to smart contracts; this proxy architecture also ensures smooth upgrades. However, push-based oracles don’t come without any tradeoffs.
Chainlink's reputation-based system, where only whitelisted nodes contribute data, guarantees the accuracy and security of the feed, but also raises questions on decentralization.
There might also be occasional delays in updating price data, leading to potential latency issues (eg., if the ETH price moves by 0.49%, there won’t be a trigger for an update, and it might update after 1 hour).
2. Low-latency / pull-based oracles (eg: low-latency Chainlink, @redstone_defi , @PythNetwork )
As the name suggests, low-latency oracles promise near-instantaneous data updates. These oracles require keepers or users to first pull the price, and then send the price data to the dAPP as part of the transaction the user wants to perform.
For products requiring real-time data, low-latency oracles are a godsend. Sub-second updates can be crucial in volatile markets, or for specific financial instruments (eg., derivatives, margin trading, etc). The reduced chances of lag also reduce arbitrage opportunities within the protocol.
While offering quick data retrieval, low-latency oracles can complicate the user experience due to their pull-based approach (especially when it comes to the front-end experience, and composability).
Furthermore, elements of centralization in these oracles also raise concerns about their 'true' decentralization.
3. Time-Weighted Average Price oracles (eg: @Uniswap v3)
TWAP oracles, like Uniswap v3, offer a moving average of an asset’s price over a specified period. The inherent design of TWAP oracles, relying on liquidity depth, ensures market prices are consistent and protected from short-term manipulation or extreme volatility.
However, price lags, and liquidity guarantees are a concern. By their very nature, TWAPs don’t give real-time prices, but an average. This time lag, especially in rapidly changing markets, might lead to less optimal executions.
There is also the case of liquidity guarantees; what happens if LP's pull their liquidity away from Uniswap v3 to v4, and an immutable protocol opts for a TWAP oracle that is based on Uniswap v3?
So with all this being considered, what’s our criteria in choosing the right oracle for v2?
In the next post, we'll delve into Liquity v2 and its oracle objectives, outlining the challenges that come with choosing the right oracle.
Notifications on 🔔
/LiquityProtocol/status/1691480138708324352/photo/1 Oracles in DeFi./LiquityProtocol/status/1691480138708324352/photo/1 Oracles in DeFi
In the DeFi universe, smart contracts make the rules, executing transactions based on data.
But where does this data come from? How do smart contracts gather real-world, off-chain information?
This is where oracles flex their muscles, connecting the on-chain, and off-chain worlds.
A post on some of the approaches taken in the industry, and how it ties into choosing the right oracle for Liquity v2 🧵
The three pillars of modern oracles: Push-based, Low-latency, and TWAP
1) Push-based oracles (eg: @chainlink ):
Push-based oracles follow a simple mechanism where they regularly "push" price data on-chain at specific intervals, or at various deviation thresholds.
@chainlink is a well-known example of a push-based oracle. At predetermined time intervals, or if the price of a said asset deviates by more than 0.5% since the last update, Chainlink 'pushes' the latest market price data to the blockchain.
Chainlink uses a decentralized network of nodes to collect and feed data to smart contracts; this proxy architecture also ensures smooth upgrades. However, push-based oracles don’t come without any tradeoffs.
Chainlink's reputation-based system, where only whitelisted nodes contribute data, guarantees the accuracy and security of the feed, but also raises questions on decentralization.
There might also be occasional delays in updating price data, leading to potential latency issues (eg., if the ETH price moves by 0.49%, there won’t be a trigger for an update, and it might update after 1 hour).
2. Low-latency / pull-based oracles (eg: low-latency Chainlink, @redstone_defi , @PythNetwork )
As the name suggests, low-latency oracles promise near-instantaneous data updates. These oracles require keepers or users to first pull the price, and then send the price data to the dAPP as part of the transaction the user wants to perform.
For products requiring real-time data, low-latency oracles are a godsend. Sub-second updates can be crucial in volatile markets, or for specific financial instruments (eg., derivatives, margin trading, etc). The reduced chances of lag also reduce arbitrage opportunities within the protocol.
While offering quick data retrieval, low-latency oracles can complicate the user experience due to their pull-based approach (especially when it comes to the front-end experience, and composability).
Furthermore, elements of centralization in these oracles also raise concerns about their 'true' decentralization.
3. Time-Weighted Average Price oracles (eg: @Uniswap v3)
TWAP oracles, like Uniswap v3, offer a moving average of an asset’s price over a specified period. The inherent design of TWAP oracles, relying on liquidity depth, ensures market prices are consistent and protected from short-term manipulation or extreme volatility.
However, price lags, and liquidity guarantees are a concern. By their very nature, TWAPs don’t give real-time prices, but an average. This time lag, especially in rapidly changing markets, might lead to less optimal executions.
There is also the case of liquidity guarantees; what happens if LP's pull their liquidity away from Uniswap v3 to v4, and an immutable protocol opts for a TWAP oracle that is based on Uniswap v3?
So with all this being considered, what’s our criteria in choosing the right oracle for v2?
In the next post, we'll delve into Liquity v2 and its oracle objectives, outlining the challenges that come with choosing the right oracle.
Notifications on 🔔
Liquity USDLUSD #411
14 Aug 2023, 17:46
The Liquity ecosystem grows further on @arbitrum
(💙, 🧡)
@antfarmfinance , the band rebalancing AMM, are providing incentives to liquidity providers in the Liquity community.
Check out their thread to learn more 👇
The Liquity ecosystem grows further on @arbitrum.The Liquity ecosystem grows further on @arbitrum
(💙, 🧡)
@antfarmfinance , the band rebalancing AMM, are providing incentives to liquidity providers in the Liquity community.
Check out their thread to learn more 👇
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