Alpha Insights

Liquity v2 Tokenomics: A More Sustainable Flywheel?
By
Anil Lulla•
The Liquity v2 codebase was released today, along with details of LQTY’s role in v2. LQTY will power a Protocol […]
Liquity Research Reports

Debt-Backed (CDP) StablecoinsLiquity v2: Evolving Onchain Leverage
By
Anil Lulla•
Are CDP stablecoins toast? They have a rich history in DeFi, but have fallen out of fashion over the past few years. Liquity appears to be a strong contender for CDP resurgence with its upcoming v2 release. It boasts fresh ideas from a well-respected team after a close-but-not-quite v1.This memo will focus primarily on the new dynamics at play with Liquity v2; its obstacles, success factors, and the potential impact on LQTY.

Structured ProductsLiquity's Chicken Bonds: Will They Fly?
By
Anil Lulla•
Chicken bonds are a bonding mechanism that can be applied to yield-bearing tokens to bootstrap protocol-earned liquidity while boosting yields for bonders. The enhanced yield on boosted tokens is derived from yield generated on liquidity owned by the protocol as well as liquidity from users bonding underlying tokens to newly issued boosted tokens.

DerivativesMonthly Chartbook - Falling Out of the Merge
By
Anil Lulla•
This month’s Monthly Chartbook focuses on the macro outlook, market structure & on-chain observations, L1s, L2s, & DeFi analysis, and an NFTs & gaming sector breakdown.

Algorithmic StablecoinsYour Guide to the Collateralized Stablecoin Landscape
By
Anil Lulla•
Introduction If you’re invested in crypto assets, you have probably held stablecoins in your portfolio at some point in time. […]

Money MarketsBreaking Down the Design Space of Money Market Liquidations
By
Anil Lulla•
Introduction Liquidations are a popular concept in the crypto asset market. With crypto’s volatility comes lucrative opportunities, but as the […]
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