Robinhood Lending Protocol (RLP) lets you unlock liquidity without selling. Lock a whitelisted token as collateral and draw instant ETH at up to 60% value
$RLP is now multichain.
You can borrow ETH by putting up @solana tokens as collateral, no bridging or selling required.
$TROLL , $ANSEM and $pippin are our first whitelisted tokens.
No more dumping a token on one chain just to free up liquidity on another. Keep your bags, borrow against them, and stay exposed to the upside.
Get liquidity without giving up your gains.
Try it now on our dapp: https://t.co/PKR9Rtr1Lj
Self-Repaying Loans are coming to $RLP.
Deposit your tokenized stocks on @RobinhoodCrypto . Borrow USDG/ETH, Your dividends auto-compound into your collateral and pay the loan down for you.
Your stocks repay their own loan.
Live soon. π
Gm Vlad. We're building RLP (Robinhood Lending Protocol) on Robinhood Chain.
Here's how stocks tie in: your tokenized stocks become productive collateral borrow against RH stock tokens without selling them, right alongside RWAs, Polymarket positions, and multichain assets (SOL/Base/ETH). Stock tokens that don't just sit in a wallet. Would love to connect.
Stocks are now live as a collateral option inside the $RLP dapp.
You can now borrow against stocks like $TSLA , $AMZN , $SPCX and 15 more.
Get up to 80% of your stock's value as collateral.
Try it now: https://t.co/Y8E4rk8wB9
Community Update
We know there's a lot of uncertainty right now with the Noxa team rugging and people selling tokens that launched on Noxa.
We want to be clear: every token already launched on Noxa is safe. We've already built a dapp that lets you claim fees and burn tokens, so those launches stay fully protected.
We're not slowing down. We'll keep building and innovating our project is independent and not related to what ecosystem it was launched on.
Robinhood as a chain is bigger than Noxa, and this is a small bump on the road. Robinhood is still the biggest chain for RWA assets, and we will be the one providing collateral on those.
And speaking of that, our stocks collateral feature goes live in a few hours.
Instead of paying 5% in claiming fees, you can use our dApp to claim fees for just $5.
You also don't need to use the deployer wallet, you can use any fresh wallet address and claim for any token.
Dapp: https://t.co/Yp24XJH75u
6 figures of creator fees that nobody can claim.
noxa is silent rn.. and the claim button for creator fees went down with the site. the money is still sitting in the contract.
so i built the missing button. connect the dev wallet, you sign, you're paid.
check what you're owed.
$RLP Flywheel Explained
Yesterday we released staking, which marked the start of our RLP flywheel. In this post we'll break down how it works.
Currently we charge different fees on loans depending on the duration: 1% on 1-day loans, 3% on 3-day loans, and 5% on 7-day loans.
To meet demand, holders can now stake their ETH into the pool for 1, 3, or 7 days respectively.
When a user borrows a loan, they pay interest. 80% of that interest goes to stakers, and 20% is used to buy and burn tokens.
For example, if we lend 10 ETH in a week, we earn 0.5 ETH in interest. Out of that, 0.4 ETH goes to stakers and 0.1 ETH goes to buy and burn tokens.
As we keep adding more options like stocks and prediction markets, these numbers will only go up.
Now why should someone borrow a loan?
Well, if you sell a token, stock, or Polymarket bet, you lose money to slippage and taxes (if the token had them). Instead, just use your existing collateral to take a loan, buy another token or handle whatever you need, then repay and get your original token back. That way you essentially never lose out on your gains.
Morning $RLP community. Day 5 of the project starts now, but let's first do a short recap of yesterday.
We released staking, where holders can stake ETH and earn interest.
Our total loans sent out went over 1.6 ETH.
Today we'll be adding the ability for users to put up stocks as collateral, like $TSLA , $AAPL , and $spcx, and get ETH for them.
This coming week we'll also be migrating our loans to verified permissionless smart contracts.
Much more in development, onwards and upwards.
Millions in fees are sitting in pools right now, locked and waiting to be claimed.
Everyone knows @Noxa_Fi has been down for days now, which means all 60k projects launched on their platform can't claim fees or burn tokens.
We've solved this for every builder and project owner in the same spot as us. Go to this site, connect your wallet, pay $5, paste your token address, and your fees get claimed and tokens burnt.
You don't need to connect your deployer wallet. If that feels like a security risk, just fund a fresh wallet with $5.1 and claim your fees from there.
In this video we claimed 1.2 ETH in pending fees for the @Juggernautrh token.
Site: https://t.co/WKA1BtnVnj