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Borrow with V2
The immutable & decentralized way to
borrow against ETH
& staked ETH
BOLD Stablecoin
A true on-chain stablecoin
with DeFi-native yield
What can you do with Liquity V2?
The BOLD ecosystem has something for everyone, regardless of your risk appetite.
Borrow against your (staked) ETH
Mint BOLD against your collateral at whatever interest rate you want
Loop your exposure to (staked) ETH
Increase your exposure to ETH and its staking yield with just a single click
Save and earn with BOLD
Deposit in Stability Pools to earn protocol revenues and liquidation proceeds
Stake and govern with LQTY
Direct protocol incentives with LQTY while still earning from Liquity V1
Be one of the first to experience Liquity V2
V1
Go to Liquity V1 and LUSD
What's new with Liquity V2?
Multi-collateral support
Liquity V2 will feature two established liquid staking tokens (LSTs) as collateral: Lido staked ETH (stETH) and Rocket Pool staked ETH (rETH).
User-set interest rates
Liquity V2 users control their borrowing costs. Fix your interest rate and adjust it at any time.
Rate-based redemptions
BOLD is always redeemable for protocol collateral. Positions are redeemed on the basis of interest rates, from lowest to highest.
What stayed the same?
Liquity built a reputation with LUSD for setting the standard on what it means to be "DeFi". To us, it means full empowerment of the end user. BOLD takes a similarly uncompromising approach: the code is transparent, the protocol is set, and the contracts are immutable.
Immutable
Liquity V2 cannot be changed or upgraded in any way once it has been deployed. Mint BOLD against (staked) ETH, forever.
Maximum control
Users of Liquity V2 retain full control over their assets. Minters can always withdraw their collateral and BOLD can never be frozen.
Minimal dependencies
Liquity V2 exists completely on-chain. Collateral price oracles remain the sole external dependency.
Are you minting stablecoins elsewhere?
Compare Liquity V2 against V1 and other stablecoin protocols
Liquity
V2
Liquity
V1
Maker
Curve
Aave
Multicollateral
Liquidity Incentives
>90% LTV for ETH
Borrow Rate
User-set
Controllable
One-off fee
Predictable
Governance
Defined Rate
Algorithmic
Volatile
Algorithmic
Defined Range
Are you still holding other DeFi stablecoins?
Compare BOLD against LUSD and other DeFi-native stablecoins
BOLD
LUSD
DAI
crvUSD
GHO
Redeemable
100% On-Chain
Interest payments
Immutable
Q&A
Learn more about the different aspects of Liquity v2 and BOLD.
What is Liquity V2?
What is BOLD?
How can I use Liquity V2?
How can I earn with Liquity V2?
What are user-set rates?
How can I increase my exposure to (staked) ETH?
What are the benefits of staking LQTY?
What happens to Liquity V1 and LUSD?
Investors & Partners
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