Introducing Borro Bookrunners!
Bring deposits to Borro with your code and keep 100% of our fee on them for the first 12 months. Then 50%, for as long as they stay.
On top of that: a 20M $BORRO Bookrunner Drip in year one.
Get your code: https://t.co/EHBOsDvDlC
Thanks for digging in this far. Short answers:
Partial withdrawal: you forfeit 20% of that position's unvested $BORRO, not all of it. Each vault is its own position, so your MSTR, TSLA and USDG are three separate positions, and a withdrawal only touches the one it came out of. Take out 20% of your MSTR and 20% of MSTR's still-vesting $BORRO is forfeited. TSLA and USDG don't change. Anything already vested is never touched. The same 20% also comes off what that position earned earlier that day.
Loyalty multiplier: it resets for the whole position, not just the part withdrawn. That position goes back to 1x and climbs toward 3x again over 90 days. Your other positions keep their multipliers.
Two details:
- Drops under 0.1% don't count, but they add up, so lots of tiny withdrawals eventually count as one.
- Adding to a position never resets it. The new money's age is simply averaged in.
Where forfeits go: they're shared back over the next 30 days to everyone still lending.
Why you couldn't find it: the contracts only hold the daily Merkle root and pay claims. The per-position math lives in the keeper that builds the daily list.
Your vesting math is right. Each day's reward vests evenly over 30 days, so with steady rewards, what unlocks each day climbs toward your daily amount by around day 30. One thing to keep in mind: the daily amount itself isn't fixed. The Drip is a fixed pool shared by everyone lending, so your share moves as deposits come and go, and the pool halves on April 7.
Borro v2 is live.
Your stock has been sitting still.
Rent it out. Borrow against it. Short the ones you don't believe in.
The stock loan desk on Robinhood Chain.
https://t.co/P1XJupQ84n
26K free to borrow on Borro right now: USDG to borrow against your stock, and real stock tokens to borrow and short.
Nine stocks: NVDA, SPCX, TSLA, SPY, QQQ, MSTR, COIN, PLTR, GME. 62.5% loan-to-value, and your collateral keeps earning rent while it backs the loan.
Verify on chain. https://t.co/eGBIfrFHJa
Perps market makers on Lighter and Arcus: your hedge now exists.
Borrow real stock tokens and sell them in one transaction. The sale money and your deposit earn in a USDG vault while the short is open. Hedge inventory you hold can sit in Borro's vaults earning rent, and the Weekend Desk covers the Monday gap.
Rent floats with demand, and a short needs enough collateral. Here's the whole thing in 90 seconds. https://t.co/eGBIfrFHJa
1/
I've applied to the Arbitrum Security Program on Borro's behalf.
No guarantees this is only an application obviously but hopefully we get a good outcome I think I made a strong case.
For those interested the questionnaire answers are below.
https://t.co/lxrZvbbjqE
One of the hottest projects currently on RH is coming on The show
Tomorrow we bring on $BORRO @Borromarkets
Learn all about this new lending protocol and hear from the dev himself
Trust , transparency , alpha
Thatโs how we do
Tomorrow
1030 AM PST
Presented by $LNOC
Note to devs out there.
This is the type of response I love to see.
And honestly, something that makes me even more bullish on a project.
A founder who understands the value of getting on camera, explaining their vision, and giving their community an opportunity to hear directly from the person building it.
That matters more than people realize.
Especially in this space, where trust is everything.
You can build the greatest product in the world, but if people donโt know whoโs behind it or what youโre trying to accomplish, youโre making things harder on yourself.
Looking forward to having $BORRO @Borromarkets on the show.
Will try to get this set up asap