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yBOLD profile facts

Yearn BOLD (yBOLD) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg BOLD-denominated NAV.

Variant relationship

Yearn BOLD (yBOLD) is modeled as a strategy vault variant of Liquity BOLD (BOLD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.

Strategy vault variantsBOLD by K3 Capital (sBOLD)
Collateral
BOLD deposited into Yearn's tokenized Liquity V2 Stability Pool strategy, allocated across Liquity V2 Stability Pools to earn liquidation fees and protocol interest
Peg mechanism
ERC-4626 Yearn vault shares represent BOLD deployed into Liquity V2 Stability Pools; yBOLD can be redeemed for underlying BOLD without a withdrawal fee or waiting period, inheriting BOLD peg and Liquity Stability Pool execution risk
Jurisdiction
Not disclosed in the static profile.
Proof of reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Ethereum.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

yBOLD quick answers

5
What is Yearn BOLD (yBOLD)?

yBOLD is Yearn's tokenized BOLD Stability Pool position, redeemable 1:1 for BOLD; yield accrues only when staked in the separate ysyBOLD auto-compounder. The static profile records its BOLD-denominated NAV accounting mechanism as: ERC-4626 Yearn vault shares represent BOLD deployed into Liquity V2 Stability Pools; yBOLD can be redeemed for underlying BOLD without a withdrawal fee or waiting period, inheriting BOLD peg and Liquity Stability Pool execution risk.

Is yBOLD safe?

As of Nov 8, 2026, Pharos grades yBOLD B (74/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs yBOLD?

Pharos records yBOLD's reserves as of Oct 27, 2026 as 100% Yearn BOLD deployed strategy positions. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.

Can yBOLD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.

How do you redeem yBOLD?

Under the route Pharos reviewed on May 12, 2026, any holder can redeem yBOLD for a single stable asset, such as cash or a stablecoin. Redemption settles atomically on-chain. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.