What is Borrow Against Savings?
When you deposit into Solid Savings, your funds are converted into soUSD, a yield-bearing stablecoin that automatically earns interest.
Instead of treating those savings as idle, Solid lets you:
Use your soUSD as collateral
Borrow USDC at a low rate
Spend that USDC with your Solid Card
Your savings stay invested.
Your yield keeps compounding.
Your card gets funded.
All at the same time.
Why use Borrow Against Savings?
Currently:
Savings APY ≈ 6.5%
Borrow APR ≈ 0.9%
This means you earn more on your savings than you pay to borrow.
In simple terms:
You earn ~6.5% on your savings
You pay ~0.9% to access liquidity
Net ≈ +5.6%
Your money keeps working for you even while you’re spending it.
Example
Deposit $1,000 into Solid Savings
Your $1,000 starts earning yield
Borrow up to $700 USDC
USDC is sent to your Solid Card
Spend anywhere Visa is accepted
Your original $1,000 continues earning yield in the background.
No selling.
No withdrawing.
No breaking compounding.
How borrowing works
Interest accrues in real time
No origination fees
Borrow and repay anytime
Rates adjust based on pool usage
Conservative borrow ratio (~70%) for safety
Borrowing is powered by a shared liquidity pool where users supply soUSD as collateral and borrow USDC.
What happens on the card?
Your Solid Card always holds USDC.
From the card provider’s perspective, it looks like a normal USDC deposit. Borrowing logic happens entirely within Solid.
This keeps spending seamless.
How do I repay?
When you repay:
Your loan balance decreases
Your locked soUSD collateral is released
Your card balance stays the same
Once fully repaid, you can withdraw your savings at any time.
Is it safe?
soUSD is a stable, yield-bearing asset designed to steadily increase in value.
Because of this:
Liquidation risk is extremely low
Borrow limits are conservative
Built for stability, not speculation
This is safer than borrowing against volatile assets like ETH.
Limited-Time Promotion: 5% Deposit Bonus
For a limited time, users who:
Deposit into Solid Savings
Borrow against it
Use the borrowed funds on their Solid Card
Receive a 5% deposit bonus.
Max bonus: $50
Equivalent to a $1,000 deposit
Available for the next month
Bonus is credited automatically once conditions are met.