BOLD

BOLD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol, used to pay out loans within the Liquity ecosystem. Users can set their own interest rates and borrow against ETHm, wstETH, and rETH as collateral, with loans requiring a minimum collateral ratio of 110% and secured by a Stability Pool and fellow borrowers. It is significant for its decentralized, crypto-backed design and integration with DeFi platforms like Curve Finance and Convex Finance.