FAQ

Can I lose my coins if I repay on time?

No. As long as your loan stays above its line, your coins sit in the market untouched. Repay and withdraw them whenever you like.

What if the coin pumps?

Good news twice. Your health factor rises, and your bag is worth more. You can borrow more against it, or withdraw some of the coin while keeping the loan where it is.

What if the coin drops?

Your health factor falls. The dashboard shows how far the market cap can fall before the loan reaches the line, and how much to repay or add to get back to 1.5. If it does reach the line, see Health factor and liquidation.

Can I lend to one coin only?

Yes. Every coin has its own pot. Your USDG earns that coin's interest and is never lent against any other coin.

What are the fees?

Two. A liquidation fee, 5% on memecoins and 3% on stocks, taken from the proceeds only when a loan is liquidated. And 10% of all interest, which goes to the coin's reserve. There is no fee to deposit, borrow, repay, lend or withdraw beyond the network's gas.

Which wallets work?

Any browser wallet such as MetaMask or Rabby, any wallet over WalletConnect, or an email, Google or X account. Signing in without a wallet makes one for you.

Is there a token?

No. The only thing that moves here is USDG and the coins you deposit.

How do I get USDG?

Swap for it on Robinhood Chain, or borrow it here against a coin you hold.

Can I repay early?

Yes, any time, any amount. There is no term and no penalty.

Why does the borrow page say "Refresh price"?

The bank lends against the coin's price at the end of an earlier block. When it has not seen one yet, press the button, wait a block, and the quote appears.