Admin key custody type

Liquity V1 + V2 (LUSD / BOLD)'s assessment for RD-F-025 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Both v1 and v2 core contracts are fully immutable with no admin key. Docs explicitly confirm: 'Liquity has no admin key, and nobody can alter the rules of the system in any way.' v2 Governance owner renounced post-setup. Admin custody type = immutable (no admin) for all core contracts.

Sources #

Docs
Liquity v2 FAQ — GeneralLiquity v2 FAQ General — immutable and not upgradeable statementretrieved 2026-05-16
Docs
Liquity v1 FAQ — GeneralLiquity v1 FAQ General — no admin key statementretrieved 2026-05-16

Methodology #

Read the effective admin/owner/upgrader role on deployed contracts and classify as: EOA / multisig / multisig+timelock / full DAO+timelock / immutable.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol liquity factor RD-F-025 score green collected_at 2026-05-16 10:35:50