Liquity is LIVE on Ethereum mainnet!
Liquity — Weekly Wrap Up #14

Liquity — Weekly Wrap Up #14

Kolten Bergeron

August 9, 2021

Welcome to the Weekly Wrap Up, a weekly series where I go over all of the highlights in the Liquity ecosystem. This issue covers the week of 8/2–8/6.

What is Liquity? Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Learn more.

System Overview

Source: Dune Analytics
  • We’re still seeing positive market sentiment as ETH continues to climb from its 90D low in late July — a good sign for ETH and a good sign for Liquity. Under these market conditions, users are feeling more comfortable and are continuing to borrow LUSD instead of paying off their debt.
Source: Dune Analytics
  • That said, we’re not just seeing an increase in borrowing from existing users, but new users as well. The total number of Troves has crossed 1,000 for the first time since April (🎉) and now sits at 1,010 (an ~18% increase since the start of July).
  • Find more system stats here.


  • B.Protocol launched V2 of their protocol with initial support for Liquity. B.Protocol automatically converts ETH back to LUSD for Stability Providers and deposits gains back to the Stability Pool. They also provide a 100% kickback rate for LQTY rewards. Try it here.
  • Pickle Finance launched a Jar that uses B.Protocol for Stability Pool deposits while adding earned LQTY rewards to their symbiotic LQTY Jar, which stakes LQTY and compounds the rewards. Try it here.
  • Reminder: Quadruple rewards are live for the Saddle D4 Pool. Users can earn LQTY, FXS, ALCX, and TRIBE all at once by providing liquidity to the D4 Pool and staking their LP tokens via the Frax interface. Learn more.


  • To celebrate the launch of B.Protocol V2, Robert and I hosted a live chat with the B.Protocol team to discuss how their project works, why they chose Liquity, and more. Watch it here.
  • Dani Simon, Software Engineer at Liquity (and wizard of Dune), published How EIP-1559 changes the transaction fees of Ethereum, which covers the many nuances of the recently launched EIP-1559. Read it here.
  • Last week I published the Liquity newsletter for July. It covers just about everything that happened in the Liquity ecosystem last month. Read it here.
  • In case you missed it: Our Community Manager, Derrick, published the second installment of his comparison series. In it, he covers the key similarities and differences between Liquity and Reflexer. Read it here.

Resources: Website | Twitter | Discord | Telegram | Github | Reddit | LiquityCN