Florin

Florin is a lending market for tokenized equities on @RobinhoodApp Chain.

Now live on Testnet.

[Florin @FlorinProtocol]

Florin is now live on @RobinhoodApp Chain Testnet.

Deposit tokenized $SPY, mint FUSD against it, and borrow dollars without selling a single share.

Try it now: https://t.co/Y9jHVJSuFF

How to get started in a few minutes 🧵

[Florin @FlorinProtocol]

There’s $20M of SPY on Robinhood Chain, and most of it is sitting in wallets doing nothing.

What if those stocks could work as money, without ever being sold?

That’s what we’re building with Florin.

Deposit SPY, mint FUSD, and borrow dollars against it without selling a single share. You keep the upside. You keep the dividends. You choose your own interest rate.

So why does this matter?

For decades, borrowing against your stocks meant a broker, a margin account and a rate someone else set for you. Now onchain, it’s yours. Open 24/7, settled in seconds, and plugged into everything else in DeFi.

Every FUSD minted is new liquidity that didn’t exist before, because it was locked inside equity positions.

That’s capital moving from the stock market into crypto without anyone selling.

Tokenized stocks are on their way to becoming a trillion-dollar market. They need a dollar that’s native to them.

robinhood:0x117cc2133c37b721f49de2a7a74833232b3b4c0c is only the beginning. We can use any tokenised equity like robinhood:0xd0601ce157db5bdc3162bbac2a2c8af5320d9eec or robinhood:0xaf3d76f1834a1d425780943c99ea8a608f8a93f9.

Mainnet soon, with some big announcements alongside it.

Only on Robinhood Chain.

[Florin @FlorinProtocol]

Since our last Testnet update, Florin users increased by over 300%.

Together they’ve deposited $780K of robinhood:0x117cc2133c37b721f49de2a7a74833232b3b4c0c and minted 440K FUSD.

Mainnet is coming soon, along with some big announcements. Stay tuned.

[Florin @FlorinProtocol]

Unlike perps or lending markets

• No funding rates. You pay a rate you set yourself
• You hold real tokenized SPY, so the dividends are yours
• No expiry and no lending pool that can run dry
• Onchain, self-custodied and open 24/7

[Florin @FlorinProtocol]

Multiply is coming to Florin.

Looping means depositing SPY, minting FUSD, swapping it back into SPY and depositing again, over and over. Multiply does the whole loop in a single click.

More exposure to tokenized stocks and their dividends, at the interest rate you choose.

[Florin @FlorinProtocol]

We were at @Arbitrum's Founders Eve yesterday! 🇸🇬

Great to meet so many people from the ecosystem, and to catch the fireside chat with @ajwarner90 and @hummusonrails and the DFC pitch competition.

We're in Singapore for a few more days. DMs are open if you'd like to meet!

[Florin @FlorinProtocol]

Get testnet SPY at https://t.co/LUnbXnPcyR

[Florin @FlorinProtocol]

Borrow against your stocks, then put the dollars to work.

1. Deposit SPY and mint FUSD at a rate you set
2. Put that FUSD in the Stability Pool to earn a share of borrower interest and liquidations

Live on Robinhood Chain Testnet.

[Superboard @Superboard_]

Florin is live on Robinhood Chain Testnet ✨

Meet @FlorinProtocol, a lending market for tokenized equities. Deposit SPY as collateral, mint FUSD, and borrow dollars without giving up your position.

→ Try out Florin on Rohinhood Testnet
→ Follow on Socials
→ Enter the $500 USDC raffle

Florin it→ https://t.co/mNtRjIXggL

[Florin @FlorinProtocol]

Three days into the Florin testnet.

$292K of SPY deposited, $175K FUSD minted against it.

Get testnet SPY at https://t.co/eFiw5vyvfM and try it at https://t.co/Y9jHVJT2vd

[Florin @FlorinProtocol]

https://t.co/rSGyr6zJe6

[Florin @FlorinProtocol]

We just submitted Florin to the @Arbitrum Open House Buildathon in Singapore! 🇸🇬

Florin lets you borrow dollars against tokenized stocks on Robinhood Chain.

Built in Rust on Arbitrum Stylus and live on Testnet.

Vote for us below 👇

[Florin @FlorinProtocol]

@Crypto_Assessor Docs coming soon! If you need Testnet Contract addresses, you can dm us too :)

[Florin @FlorinProtocol]

The Florin roadmap is out.

Gasless onboarding, one-click leverage, more stock markets, mainnet, and FUSD across Robinhood Chain DeFi.

The goal: an infrastructure hub for real-world assets.

[Florin @FlorinProtocol]

5. Manage it

Add or withdraw collateral, borrow more, repay, or change your rate any time from the Manage page.

It's a testnet, so push it hard and tell us what breaks.

Reply here or DM us.

[Florin @FlorinProtocol]

Florin is now live on @RobinhoodApp Chain Testnet.

Deposit tokenized $SPY, mint FUSD against it, and borrow dollars without selling a single share.

Try it now: https://t.co/Y9jHVJSuFF

How to get started in a few minutes 🧵

[Florin @FlorinProtocol]

4. Earn with FUSD

Deposit FUSD into the Stability Pool on the Earn page. Depositors earn borrower interest, plus SPY from liquidated positions at a discount.

[Florin @FlorinProtocol]

The Florin team will be in Singapore next week for @Token2049. 🇸🇬

Catch us at @Arbitrum's Founders Eve on 7 Oct, coinciding with the testnet release of Florin.

DMs open if you want to meet 📥