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Liquity — Weekly Wrap Up #3
May 3, 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 4/26–5/2.
What is Liquity? Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Learn more.
This series originally started in our Discord, but after receiving community feedback we’ve decided to share it broadly. Weekly Wrap Up is a more frequent compliment to our monthly newsletter — subscribe to that here.
The Wasabix LUSD strategy is now live. The waLUSD strategy enables users to stake LUSD to mint waLUSD, which can then be staked into a pool to mine WASABI, the staked LUSD is then added into the Stability Pool to earn LQTY.
Liquity Co-founder and Lead Engineer, Rick Pardoe, wrote a detailed blog post describing Liquity’s dual-oracle design — Price Oracles in Liquity.
We hosted an episode of Gauntlet’s DeFi Gamma Leaks series on our YouTube channel last week. Both Robert and Rick were joined by Tarun Chitra, Alex Hevans, and Guille Angeris to discuss all things Liquity. Watch it here.
Robert, Rick, and I (Kolten), joined last week’s Tellor Community Call to talk about launch, Liquity’s oracle design, and how Tellor is used in Liquity. Watch it here.
Paul Veradittakit wrote an interesting newsletter unpacking how Liquity can offer such low collateralization ratios and a 0% interest rate without sacrificing the protocol’s systemic resilience to shocks. Read it here.