A reminder that Liquity v2's $BOLD will be a completely Ethe | Liquity on Binance Square

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A reminder that Liquity v2's $BOLD will be a completely Ethereum-native stablecoin that is:
- Only ETH (& LSTs) backed
- Offers protocol-enshrined real yield
- Directly redeemable 
- Immutable
study DeFi as it's meant to be.
👇

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The Liquity V2 Audit Competition on @cantinaxyz is now live! 💰 Up to $350K in total prize pool rewards for security researchers. Explore the scope here: https://cantina.xyz/competitions/d86632df-ab33-4448-8198-64955eae6712

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Liquity V2 Audit Competition begins tomorrow! Just 24 hours until the Liquity V2 $350K security competition begins on @cantinaxyz Learn more on the scope and the rewards on offer here: https://cantina.xyz/competitions

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Liquity V2 Code Update & Audits The V2 issue has been fixed, and the updated code is now public. The changes have been thoroughly audited by the likes of @chain_security , @coinspect , @getreconxyz and @dedaub . To further reinforce the code, a multi-week audit competition will begin soon on @cantinaxyz. Redeployment will follow the audit competition in Q2, with the date TBD. Link to the repo:

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Liquity V2 Redeployment Update and Audit Contest We now have an updated timeline for the redeployment of Liquity V2! Next Week: Publication of the updated and patched V2 codebase March - April: Hosting of a multi-week audit competition Q2: Redeployment of Liquity V2 on Mainnet Since Liquity V2 will be deployed as an immutable protocol, it is of the utmost importance to ensure proper and safe functioning under all circumstances. The issue found in V2 revealed how deeply hidden edge cases can be, and how sophisticated the approaches to uncover them must be. We believe we can best address this by adding an extra level of scrutiny by doing an open audit competition on the deployment-ready codebase. Security must be the first priority of an immutable deployment, and thus we believe a minor postponement to be an acceptable tradeoff. The competition will be held via an audit platform, with further details to be shared shortly. Lastly, teams who are forking Liquity V2 will be free to proceed at their own cadence once the patched codebase has been made publicly available. These teams will have access to audit competition results, and any resulting patches needed to upgrade their mutable deployments. Please note that these teams will only consider activity from the initial Liquity V2 deployment up until February 12th, when the initial notice of a potential SP issue was given, as eligible for reward programs.

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Liquity V2 Redeployment Update The Liquity V2 Stability Pool code changes are currently being audited and the updated system will be redeployed in mid-March. In preparation for the relaunch, users should follow these steps: - Stability Pool depositors should withdraw from the pools - Borrowers should repay their loans - Excess BOLD should be sold via secondary markets

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