A PAWN SHOPFOR YOUR TOKENS,ON CHAIN.
Lock tokens. Name your buyback. Pick a deadline. No oracle, no margin call, no liquidation.
5MGGAq6TKF7DBpMswDyxe6F4JQLu2HyPCPzUF7Mvpump5MGGAq6TKF7DBpMswDyxe6F4JQLu2HyPCPzUF7MvpumpNo oracle.No margin call.No liquidation.
Nothing can touch your collateral before expiry, and at expiry you choose.
EXAMPLE
- COLLATERAL
- 1,000,000 TOKEN
- YOU GET
- 9.9500 SOL
- BUYBACK
- 11.0000 SOL
- TERM
- 30 DAYS
- BUY BACK
- TOKEN BACK
- WALK AWAY
- TOKEN GONE
One deal. Three steps.
01
You lock tokens and name a buyback price.
02
A lender pays you SOL today.
03
At expiry you buy them back, or you don't.
For lenders.
10.00 SOL in, 11.00 SOL out, 30 days, a return of 10.00%.
The rate is whatever the two sides agree.
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 SPL token on the desk's list, locked in full for the term. There are 10 today, listed under the top of this page.
What does it cost?
0.50% of the loan, once, when the deal is funded: 0.0500 SOL on the example above.
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 to 90 days, fixed when the lender funds it.
Desk tiers
Points are earned every time you borrow or lend on the desk. Hold $RD, and your points get multiplied.
Walk-in
below 100,000 $RD
1x
Regular
100,000 $RD
1.25x
Member
500,000 $RD
1.5x
House
1,000,000 $RD
2x
Owner
5,000,000 $RD
3x
Snapshots are taken from the wallet that signs the deal. Rewards are settled by the team at the end of each round.
First round dates announced on X.