Tried recreating the Liquid Glass effect in Sony Vegas Pro 13 using Sapphire and BCC plugins
Showcase:
The setup:

**from now on i will refer to track names as
RED track (above all) => track A
YELLOW track (in the middle) => track B
BLUE track (below all) => track C**

Heres the effect parameters
1.Set the Compositing mode of the track A to Multiply(Mask)
Add the following TRACK effects:

2. Add the Source u want the effect to be applied on. It should look like this:

3. Apply these VIDEO effects (not track effects) and parameters on the video in track B:

4. Enjoy your liquid glass ripoff!
If u can improve this - pls write additional details in the comments
Sorry if theres English mistakes.