The mechanism
How it works
01
Lock your bag
Your tokens go into a vault. They are off the market, not sold.
02
Name the price
You set what you will pay to get them back, and by when.
03
Come back for it
Pay before the deadline and the vault opens. Or walk away.
Who it is for
The two sides
If you are holding
You want cash and you do not want to print a sell. Lock the bag, take the ETH, buy it back when you are ready. Your position never hits the chart.
If you have ETH
Name a price you would be happy to own the token at. If they come back, you keep the spread. If they do not, you own the bag at the price you chose. You are paid either way.
By design
What cannot happen
No liquidations
Nothing is ever sold out from under you.
No margin calls
The price can do anything. The deal does not care.
No oracle
Settlement never reads a price feed.
No admin keys
Nobody, including us, can move what is in a vault.
Deals
Two lanes
Blue lane
Established tokens with deep liquidity. Slower, safer, tighter spreads.
Wild lane
Everything else. Higher spreads, higher risk, clearly marked.
Every deal shows which lane it is in. They never sit in the same list.
deal #0142
open · ends in 6d 04h
- collateral
- 12,400,000 TOKEN
- asking price
- 0.42 ETH
- buyback price
- 0.50 ETH
- term
- 7 days
Deals open soon.
Get the reminder when the first one is live. And a nudge before any deal of yours runs out.
Questions
FAQ
Is this a loan?
No. There is no recourse. If the borrower walks away the lender keeps the collateral and that is the end of it. Nobody chases anybody.
What if the token crashes?
Nothing happens automatically. There is no liquidation. The deal settles on the deadline and not before.
What if I forget to pay?
We send reminders at 7 days, 3 days, 1 day and 6 hours. There is also a short grace window with a fee after the deadline.
Who holds my collateral?
An immutable contract. It has no owner function that can move deposits.
What can I use as collateral?
Any token on Robinhood Chain with a live liquidity pool. Which lane it lands in depends on how deep that pool is.
What does it cost?
A small fee on the cash side of each deal. Exact number at launch.