I have no experience with Liquid Roof.
A few months ago I coated my roof with Heng's Rubber Roof Coating. So far it has withstood the heat, rain, sun and now weather in the teens.
But, it has not been four years.
Is it the product that is blistering or the actual rubber/EPDM that is lifting?
What did you use to clean the roof before applying the Liquid Roof?