🚀 Liquity to Launch New Stablecoin BOLD in Two Months
#Liquity #BOLD #stablecoin #LUSD #Ethereum #borrowing #interestRates #collateral #Layer2 #blockchain
According to Odaily, Liquity executive Colin Platt announced that the company is approximately two months away from launching its new stablecoin, BOLD. This new stablecoin aims to address some of the issues that led to the significant decline of LUSD over the past year and will grant the community a small degree of control.
BOLD will feature borrower-selected interest rates instead of the one-time fee used by its predecessor. Additionally, it will accept staked Ether as collateral. Liquity also plans to allow selected developers to 'copy' BOLD's code, with the hope that affiliated tokens will gain market share on Layer 2 blockchains handling an increasing number of Ethereum-based transactions.#Liquity #BOLD #stablecoin #LUSD #Ethereum #borrowing #interestRates #collateral #Layer2 #blockchain
🚀 Arbitrum DAO Retains Significant ETH Profits
#Arbitrum #DAO #ETH #OffchainLabs #StevenGoldfeder #networksecurity #BoLD #cryptocurrency
According to Foresight News, Offchain Labs co-founder Steven Goldfeder announced that Arbitrum DAO has accumulated nearly 20,000 ETH in profits, which have not been sold and are retained on the balance sheet. Goldfeder stated that these funds are being used to enhance network security, such as through the BoLD initiative, and efforts are underway to align their deployment strategy with ETH.#Arbitrum #DAO #ETH #OffchainLabs #StevenGoldfeder #networksecurity #BoLD #cryptocurrency
🚀 Arbitrum Foundation's 2024 Transparency Report Highlights Key Developments
#Arbitrum #TransparencyReport #DeFi #Gaming #Infrastructure #AITrailblazer #Stylus #BoLD #Timeboost #FastWithdrawals #Ethereum
According to PANews, the Arbitrum Foundation has released its 2024 transparency report, revealing funding for 276 projects across sectors such as DeFi, gaming, and infrastructure. The report also highlights the AI Trailblazer initiative, which has attracted early-stage innovation. Additionally, the foundation has played a crucial role in supporting technological advancements like Stylus, BoLD, Timeboost, and Fast Withdrawals, further strengthening the alliance between Arbitrum and Ethereum.#Arbitrum #TransparencyReport #DeFi #Gaming #Infrastructure #AITrailblazer #Stylus #BoLD #Timeboost #FastWithdrawals #Ethereum
🚀 21Shares Launches Bitcoin and Gold ETP on London Stock Exchange
#21Shares #Bitcoin #Gold #ETP #LondonStockExchange #BOLD #Investment #AlternativeAssets #Cryptocurrency #FinancialProducts #StockMarket #BTC
According to ChainCatcher, 21Shares has officially launched its Bitcoin and Gold Exchange Traded Product (ETP), known as BOLD, on the London Stock Exchange. This product offers exposure to both Bitcoin and gold within a single investment tool, aiming to deliver returns similar to Bitcoin but with reduced volatility.
BOLD combines two of the world's most liquid alternative assets into a risk-weighted investment portfolio. It is the first product in the UK to offer both assets within a single trading instrument. Since its initial launch in Switzerland in April 2022, BOLD has achieved a 122.5% return in GBP by the end of 2025, outperforming Bitcoin and gold over the same period.#21Shares #Bitcoin #Gold #ETP #LondonStockExchange #BOLD #Investment #AlternativeAssets #Cryptocurrency #FinancialProducts #StockMarket #BTC