Seed-deposit requirement for new market listing
Liquity V1 + V2 (LUSD / BOLD)'s assessment for RD-F-071 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No new market listing is possible on either v1 or v2. v1 is fully immutable with ETH-only collateral, permanently fixed. v2 CollateralRegistry is non-upgradeable; the three collateral branches (WETH, wstETH, rETH) are fixed at deploy and cannot be changed or extended. There is no governance mechanism to list new markets — the v2 Governance contract controls only PIL incentive direction, not protocol parameters. Seed-deposit risk does not exist because no new markets can be added.
Sources #
- URLLiquity v2 FAQ — Generalv2 governance scope: PIL incentive direction only; cannot change protocol parameters or add collateralretrieved 2026-05-16
- Liquity v2 mainnet addresses — CollateralRegistryv2 CollateralRegistry non-upgradeable; three fixed collateral branches at deployretrieved 2026-05-16
Methodology #
Determine whether market-listing governance or code requires a minimum seed deposit before borrow-enabling a new market.
See the full factor methodology and distribution across all protocols →