Staking update for early $BOWLINE stakers:
Claimable shows 0 until fee routing to the vault goes live tonight, once the 24h timelock clears. Fees are paid when loans close, and the first fees are already accrued and waiting to flow.
Everyone staked before the switch flips earns from the very first fee. 9 stakers and 7.2M $BOWLINE are already in position.
The full Bowline collateral menu currently
10 memecoins live today,
10 tokenized stocks within 24 hours.
Borrow USDG against any of these. No price liquidations, only a deadline.
https://t.co/3wLbbHd6Ob
@hiddenmatteria@RobinhoodCrypto For stocks we use the official Chainlink equity feeds on Robinhood Chain, with staleness guards for the weekend freeze. Memecoins are priced by on-chain Uniswap v3 TWAP.
Stocks are well covered, but open to a chat on long-tail assets. DMs open.
Tokenized stocks are coming to Bowline in the next 24 hours.
NVDA, TSLA, AAPL, MSFT, AMZN, META, GOOGL, AMD, COIN, PLTR.
How we made it safe: if a loan defaults, any keeper can pay USDG at the Chainlink oracle price minus a 3% discount and take the collateral outright. No DEX pool needed. The keeper exits through 0x RFQ, 1inch, or just holds the stock.
Borrow against your stocks. No price liquidations, only a deadline.
https://t.co/n3Mm2y4xTR
@RobinhoodApp
@consom888 Using fees for buy backs because people are unhappy with current price action is just burning money that can be better used in the lending pool. Also there's nothing "larp" about this, the protocol is working in full function, it's down to the people to now use it as intended
How to use Bowline, start to finish, in under a minute.
Borrow USDG against your memecoins — no price liquidations, just a deadline.
Lend USDG — every loan fee lifts your share.
Stake $BOWLINE — earn 40% of all fees, paid in USDG.
@Master_xrd@consom888 Locks are for projects paying with minted tokens. We pay stakers real USDG from loan fees. You only earn while staked, so unstaking just means you stop getting paid. No need to trap anyone.
@consom888 We have 0 control over who trades the token, people are free to trade how they like, the good side to it, it continues to generate fees which goes into the lending pool for people to borrow!
Borrowing opens in about an hour.
10 Robinhood Chain memecoins become collateral on Bowline: $CASHCAT · $GME · 4663 · $WISHBONE · $TENDIES · $KITSU · $DIH · $MARIAN · $SEEDCOIN · $VIBECAT
Pledge your bag, take USDG, and never get liquidated by a dip. Only your deadline can touch it.
More added soon
https://t.co/n3Mm2y4xTR