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Guide: Liquity V2
Liquity V1
Liquity V2
Bojan Pecek
·
February 19, 2026
Guide: Liquity V2

Liquity V2 is a decentralized borrowing protocol on Ethereum mainnet. 

It enables you to:

  • Borrow against ETH at fixed rates
  • Earn 6-10% yield on BOLD (crypto-native, not TradFi)

BOLD recently received an A- rating from Bluechip, higher than USDC (B+) and DAI (B+).

This guide will help you get started with Liquity V2 and will provide you with the most useful resources

Want to borrow against your ETH?

  • Go to: https://liquity.app/borrow
  • Deposit the collateral (ETH, wstETH, rETH) to mint the stablecoin BOLD. 
  • You choose your desired LTV as well as set your own interest rate. The rate management can be delegated to a third party.

Video guide.

Want to earn with BOLD?

  • Go to: https://liquity.app/earn
  • Stability Pools -  6-10% APY
    • Deposit BOLD, earn borrower interest + liquidation premiums
    • Best for: Users comfortable with occasional ETH exposure
  • Yield bearing tokens sBOLD (K3 Capital) and yBOLD (Yearn)
    • Auto-compounding version of Stability Pool
    • Best for: Passive position and DeFi composability
  • LPing in the two core pools on Uniswap and Curve - 10%+ APY


Yield dashboard.

Resources:

For any other questions, join the Liquity community on Discord.