Liquity is a decentralized Ethereum-based lending protocol that allows users to borrow the stablecoin BOLD by depositing ETH or liquid staking tokens (wstETH, rETH) as collateral. BOLD is a fully redeemable, over-collateralized stablecoin pegged to the U.S. dollar, offering users control over borrowing costs through user-set interest rates and a governance-free, immutable protocol design. The protocol supports multiple use cases, including borrowing, staking, and yield earning, while maintaining decentralization and transparency.
Liquity offers blockchain users the ability to borrow a fully redeemable, over-collateralized stablecoin, BOLD, with low borrowing costs and no governance intervention. It supports decentralized, transparent, and permissionless borrowing, with users retaining control over their collateral through customizable interest rates. The protocol also enables opportunities for staking, yield earning, and participation in a trustless and secure lending environment.