Borrow 
BOLD with '%20d='M12%2024c6.628%200%2012-5.373%2012-12S18.628%200%2012%200C5.373%200%200%205.373%200%2012s5.373%2012%2012%2012Z'/%3e%3cpath%20fill='%23fff'%20d='M12%204.8v9.946l-4.8-2.612L12%204.8ZM12%204.8l4.8%207.334-4.8%202.612V4.8ZM12%2015.583V19.2l-4.8-6.228%204.8%202.611ZM12%2019.2v-3.617l4.8-2.61L12%2019.2Z'/%3e%3cdefs%3e%3clinearGradient%20id='a'%20x1='.852'%20x2='23.853'%20y1='12'%20y2='30'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%236580EB'/%3e%3cstop%20offset='1'%20stop-color='%238EA2F2'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e "ETH")
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"rETH")
ETH
$0.00
Max LTV
83.33%
BOLD
$0.00
Liquidation risk
Liquidation price
−
LTV
−
− BOLD / year
Redemption risk
You can adjust this rate at any time
Redemptions in a nutshell
Redemptions help maintain BOLD’s peg in a decentralized way. If a user is redeemed, their collateral and debt are reduced equally, resulting in no net loss.
- Redemptions occur when BOLD drops below $1.
- Redemptions first affect loans with the lowest interest rate.
- Raising the interest rate reduces your redemption risk.
Please your wallet to continue.
