On-chain lending protocol

BorrowBrowse open deals to fund
CA:Cpqmg6f2vk1WT8Q4fUW1ckSRWAXwMHkVNehPHkAupump

COLLATERAL ACCEPTED TODAY // 17 TOKENS

Any of these can back a deal. The deal form checks each one against the vault on chain before it offers it. Open a deal

No liquidation. Nothing can touch your collateral before expiry, and at expiry you choose.

EXAMPLE

COLLATERAL
1,000,000 TOKEN
YOU GET
0.9950 ETH
BUYBACK
1.1000 ETH
TERM
30 DAYS
RECLAIM
TOKEN BACK
WALK AWAY
TOKEN GONE

One deal. Three steps.

  1. 01

    You lock tokens and name a buyback price.

  2. 02

    A lender pays you ETH today.

  3. 03

    At expiry you buy them back, or you don't.

For lenders.

1.00 ETH in, 1.10 ETH out, 30 days, a return of 10.00%.

The rate is whatever the two sides agree.

Browse open deals

The details, when you need them.

What happens at expiry?

You pay the buyback price and take your collateral back, or you do nothing and the lender takes it. Neither ending can arrive early.

What counts as collateral?

Any ERC-20 on the vault's allowlist, locked in full for the term. There are 17 today, listed under the top of this page.

What does it cost?

0.50% of the asking price, once, when the deal is funded: 0.0050 ETH on the example above.

What if I'm late?

You have 24 hours after the deadline, at the buyback price plus 5.00%. All of that surcharge goes to the lender.

What if I do nothing?

You keep the cash and the lender keeps the collateral. Nobody chases you afterwards.

How long is a deal?

From 1 hour to 90 days, fixed when the lender funds it.