> For the complete documentation index, see [llms.txt](https://docs.liquity.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.liquity.org/readme.md).

# Official Liquity V2 Documentation

<figure><img src="https://2342324437-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FE2A1Xrcj7XasxOiotWky%2Fuploads%2F5uEErD69yMV8BClWzfLB%2FV2%20full%20logo.png?alt=media&amp;token=311f52ea-cb48-4764-b4eb-3d9f7aa09ac2" alt=""><figcaption></figcaption></figure>

Liquity V2 is a decentralized borrowing and stablecoin protocol that builds on the success of V1.

It enhances it in several ways to offer the best borrowing experience, a highly resilient Ethereum-native stablecoin (BOLD), and sustainable on-chain yield.
