Every $BOLD mint = a buyer of ETH. Think of Liquity V2 and BOLD as an onchain ETH treasury. - Every BOLD mint locks ~2x its value in ETH. - More BOLD in circulation means more ETH being bid and held. BOLD is the dollar that grows binji @binji_x Nov 6 Agree that ETH is a store of value that can support and back the creation of money, but it is not money yet. Overcollateralized ETH stables can help create tokenized dollar-pegged assets that are less volatile than SOVs are. Check out what @LiquityProtocol does for example.
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$BOLD. Which KOLs mentioned it, and when.
1 KOL in stored posts. A cashtag mention is not a recommendation, and nothing here is financial advice.