February 4, 2021
Welcome to our first monthly newsletter 🎉
In this newsletter we’ll be sharing updates regarding Liquity (and our ecosystem) on a regular cadence. If you’d like these sent directly to your inbox, sign up for the mailing list on our website.
A lot has been going on behind the scenes in terms of development since we published our whitepaper in May 2020. Our team has been working on a number of protocol improvements and refinements.
The most important enhancement for borrowers is that the loss incurred in case of a liquidation is now always capped at 10% of the collateral, even if the system is in Recovery Mode. Further changes include:
We’re finalizing the new version of our whitepaper and will publish it very soon along with an explanatory blog post. Stay tuned!
In January we shared the results of our extensive audit with Trail of Bits.
You can find the full report here.
We’ve given liquity.org a new look and have added significantly more content across its pages. We’ve also released our early documentation and FAQs — available here. The documentation repository will be opened for contributions in the near future.
If you have feedback or notice any issues, please join our Discord and get in touch.
Last month we released two videos on our YouTube channel:
We also released a blog post — Liquity Runs on Decentralized Frontends — that provides more information on running a frontend.
We hosted our 5th Office Hour on Jan. 27 — thanks to everyone who attended! You can watch a recording here.
We answered community questions and covered a variety of topics including new changes to Recovery Mode, a content update, and FAQs regarding frontends.