Branches & how redemption reaches them
Chain snapshot · block 25,884,736 · 32.38M BOLD outstanding against $89,435,390.50 of collateral
Branches
WETH$2,415.75Branch debt
11.22M BOLD
Branch collateral
10.43K WETH· $25,199,080.08
Troves
101+ 11 zombies
Rates set
from 2.00%
TCR 224.6%CCR 150.0%
Liquidates below 110.0% per trove. Below CCR the branch stops new borrowing; below 110.0% it can be shut down. Each branch sets its own.
wstETH$3,000.68Branch debt
16.94M BOLD
Branch collateral
15.88K wstETH· $47,650,208.99
Troves
59+ 19 zombies
Rates set
0.50%–8.10%· 1.34% avg
TCR 281.3%CCR 160.0%
Liquidates below 120.0% per trove. Below CCR the branch stops new borrowing; below 120.0% it can be shut down. Each branch sets its own.
rETH$2,826.95Branch debt
4.22M BOLD
Branch collateral
5.87K rETH· $16,586,101.43
Troves
14+ 8 zombies
Rates set
0.50%–9.20%· 5.71% avg
TCR 393.1%CCR 160.0%
Liquidates below 120.0% per trove. Below CCR the branch stops new borrowing; below 120.0% it can be shut down. Each branch sets its own.
Redemption
Anyone holding BOLD can redeem it against Liquity V2 at $1 face value. A redemption routes across the branches by how much of each is unbacked, then sweeps the branch it lands on from the LOWEST user-set interest rate up — so a borrower’s rate is also their place in this queue. Being redeemed isn’t a penalty: the trove gives up collateral and sheds the same value of debt, and its collateral ratio rises.
A branch’s queue is its troves in rate order, which is the listing sorted that way — one link per branch below. Two things that order leaves out: a trove redeemed below the minimum debt drops out of the sorted list and is redeemed ahead of everything in it, whatever rate it carries, so those sit under the listing’s Zombie status rather than in these links; and how much is redeemed before any one trove is stated on that trove’s own page.