I've always been a big fan of @LiquityProtocol, especially V2. The business model scales better than V1, and BOLD is showing some encouraging signs. Supply has recovered from $29M at this year's lows to $38M today, an increase of roughly 31%. And there's a lot you can do with BOLD, including Stability Pool wrappers and strategies built on top of them. But what caught my attention is the upcoming friendly fork on Robinhood called @FlorinProtocol. It will allow users to borrow against tokenized stocks using a CDP model. And I think that's a massive advantage. @aave and @Morpho can support tokenized stocks as collateral, but they still need lenders to provide liquidity. With Liquity's model, stablecoins are minted directly against collateral without needing lenders. Debt ceilings, collateral requirements and borrowing costs still matter, but if rates remain competitive, this could be a more scalable way to bring tokenized equities into DeFi.