Bi-Weekly Wrap Up #24

Welcome to the Bi-Weekly Wrap Up, a bi-weekly series where we go over all of the highlights within the Liquity ecosystem. This issue covers 1/31/22 – 2/13/22.

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

What a start to 2022! After a few months of consistent volatility, it seems the decline in the number of Troves has finally stagnated after dropping from ~1300 Troves to ~1000 Troves. This could be a sign that users expect the market to calm down as borrowers are more willing to keep their Troves open.

Over the past two weeks, the Total Collateral Ratio has bounced back up to ~230%, meaning the system is much healthier compared to a few weeks ago at ~175%. For the unaware: Recovery Mode gets triggered when the TCR is below 150%.

Integrations

PowerPool announced an LUSD StableSwap Pool on Balancer. Once live, it will contribute funds to the Stability Pool and LUSD liquidity. More details here.
B.Protocol updated their Stability Pool integration to increase the speed of rebalances. More details here.
Solace Finance now offers insurance for Liquity users. Read the announcement here.
We are now a part of MAMA Global, a multichain asset management association. View the announcement here.

Content

I published a guide for the LUSD Pair Reactor on Tokemak. It covers Tokemak’s goal of creating sustainable liquidity, the mechanisms in action, and how to use it. Read it here.
Ryan Carson created a spreadsheet that helps users manage their Troves. Use it here.
Liquity was featured in Our Network Issue #108. Read the newsletter here.
Michael, our COO, joined CV Labs and other Swiss leaders to discuss DeFi for retail and institutions. Listen here.

Liquity Resources:

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