Task Description
Liquity, the decentralized borrowing protocol, has launched a wide-reaching airdrop campaign. Over 16 licensed forks will each contribute 4% of their token supply. The program rewards active users across the Liquity ecosystem and is one of the largest crosschain airdrops in decentralized finance.
Liquity Airdrop Description
Liquity is a decentralized borrowing protocol that allows users to borrow against Ethereum by minting its USD-pegged stablecoin, BOLD. It stands out for requiring only a 110% minimum collateral ratio, making it one of DeFi’s most capital-efficient platforms.
The system operates without custodians or governance, using a Stability Pool and a decentralized network of borrowers to handle defaults and reduce risk during market fluctuations. All core functions are hardcoded, ensuring a fully autonomous and immutable design.
To reward user participation, Liquity has launched a broad airdrop campaign across more than 16 licensed forks, each allocating 4% of its token supply to Liquity ecosystem contributors.
The primary recipients are Stability Pool depositors, but airdrop eligibility also includes those who stake yBOLD, provide liquidity, or engage with integrated DeFi protocols like Pendle, Curve, and Spectra Finance. This structure allows users to earn rewards from multiple forks simply by staying active within the Liquity ecosystem.
Liquity V2 Expands Opportunities
Liquity is now available on Pendle, adding more reward options for BOLD holders. Users who hold Pendle’s Yield Token (YT) can currently earn around 7% in sBOLD and ysyBOLD yields. They also receive up to 14× leveraged exposure to over 20 fork airdrops.
Liquity V2 increases reward potential through new features. It supports yBOLD, a tokenized version of BOLD on Yearn Finance. yBOLD auto-compounds rewards and shifts deposits to the most profitable Stability Pools every 30 minutes.
Here is how to join the airdrop campaign:
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Get BOLD and ETH. Buy ETH in exchange and transfer it to a Web3 wallet like Rabby. Then obtain BOLD.
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Deposit BOLD into a Stability Pool. Use an official Liquity frontend and follow the Earn section to supply tokens.
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Stake yBOLD. Deposit BOLD into Yearn Finance to receive yBOLD, which auto-compounds rewards.
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Provide liquidity. Supply BOLD pairs, such as feUSD-BOLD, to earn fork tokens.
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Optionally stake LQTY. Staking Liquity’s governance token can bring extra rewards.
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Use DeFi integrations. Add liquidity or lend tokens on Curve, Euler, Pendle, or Spectra.
Participants can view their performance and rewards on the Liquity v2 Leaderboard.
Maximizing Rewards
Users who stay active in the Stability Pool and optional staking options gain the most. They can:
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Receive airdrops from more than 16 forks
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Earn fees in BOLD and ETH
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Buy ETH at a discount during liquidations
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Grow their position through compounding
Everything You Need to Know
The protocol has confirmed that users staking yBOLD will qualify for airdrops without needing to deposit BOLD separately. There is no official end date for maintaining positions, but users are advised to stay active until all forks complete their launches.
With its expansive structure and multi-platform integrations, the Liquity airdrop campaign presents a rare opportunity for DeFi participants to accumulate rewards from across the ecosystem—all while maintaining exposure to a highly efficient borrowing protocol.
