Friendly Fork Program

Program Background

Liquity V2 is published under a Business Source License (BUSL) such that, while the codebase is source available, any commercial deployment needs to be approved by Liquity AG.

A number of friendly forks catering to blockchain networks and collateral asset types not supported for BOLD minting have thus entered into licensing agreements with Liquity AG. In exchange for the right to deploy their own stablecoins using Liquity V2 code, these projects have committed to incentivize collaboration between their users and BOLD users.

You can learn more about the program in this blog post.

Rewards

All forks will reward BOLD users by incentivizing core use cases such as the main liquidity pools and the V2 Stability Pools. While allocation size and execution will vary, each fork will share its plan in a dedicated announcement (linked below).

The V2 Leaderboard assigns users a score based on their activity. Forks can use it as a reference when distributing rewards, though they are free to adjust parameters as they see fit.

Licensed Friendly Forks

Aesyx

• Launch: TBD

• Stablecoin: USXY

• Governance Token: SXY

• Network: Avalanche

• Reward Details: TBD

• Relevant Links: Website | Docs

Asymmetry Finance

• Launch: TBD

• Stablecoin: USDaf

• Governance Token: ASF

• Network: Ethereum Mainnet

• Reward Details: TBD

• Relevant Links: Website | Docs

Beraborrow

• Launch: TBD

• Stablecoin: NECT

• Governance Token: POLLEN

• Network: Berachain

• Reward Details: TBD

• Relevant Links: Website | Docs

DeFi Dollar

• Launch: TBD

• Stablecoin: DUSD

• Governance Token: DEFI

• Network: Ethereum Mainnet

• Reward Details: TBD

• Relevant Links: Website | Docs

Ebisu Money

• Launch: TBD

• Stablecoin: ebUSD

• Governance Token: EBISU

• Network: Ethereum Mainnet

• Reward Details: TBD

• Relevant Links: Website

Felix

• Launch: LIVE

• Stablecoin: feUSD

• Governance Token: TBD

• Network: Hyperliquid

• Reward Details: TBD

• Relevant Links: Website | Docs

Nerite

• Launch: End of May

• Stablecoin: USDN

• Governance Token: NERI

• Network: Arbitrum

• Reward Details: https://www.nerite.org/writing/bold-incentive-program
• Relevant Links: Website | Docs

Orki Finance

• Launch: LIVE

• Stablecoin: USDK

• Governance Token: ORKI

• Network: Swell

• Reward Details: TBD

• Relevant Links: Website | Docs

Soneta

• Launch: TBD

• Stablecoin: ONE

• Governance Token: STA

• Network: Sonic

• Reward Details: TBD

• Relevant Links: Website | Docs

Quill Finance

• Launch: LIVE

• Stablecoin: USDQ

• Governance Token: QUILL

• Network: Scroll

• Reward Details: https://medium.com/@QuillFi/fueling-defi-quills-revamped-incentives-programs-926e4ffd9034
• Relevant Links: Website | Docs

Virtue

• Launch: TBD

• Stablecoin: vUSD

• Governance Token: TBD

• Network: IOTA

• Reward Details: TBD

• Relevant Links: Website

There are 15+ forks with signed contracts. Details will be added as those become public.

Program Rules

All friendly forks are responsible for communicating the details and implementation of their commitments, as well as distributing any program rewards.

The following points apply to all friendly forks:

• Each friendly fork is required to audit any changes made to the Liquity V2 codebase in their specific deployment.

• Each friendly fork is minting its own respective stablecoin, not BOLD.

• Each friendly fork has the right to implement mutability as it sees fit.

• Liquity AG is not in an ongoing partnership with any licensing entity.