Collateral

Using pumpfun's new liquidity update to lend collateral against memecoin holdings.

[Collateral @Collateralsol]

Collateral is now live.

Built around Pumpfun’s new liquidity update.

Use your memecoin holdings as collateral to borrow SOL without selling your position.

https://t.co/HT64ZUDlpf

CA: 8kVuY7Yir9NLaai9V73ZejscWdJ9q7aczidLtr38oL4r

[Collateral @Collateralsol]

Over $20k has been aded to the virtual reserve pool so far.

Borrow against your $Collateral

[Collateral @Collateralsol]

We just opened DMs.

Message us if you need anything!

[Collateral @Collateralsol]

We are just about to redeploy the server.

We just upgraded to the max railway server in order to cope with the volume.

Please refresh if anything isnt working for you.

[Collateral @Collateralsol]

How do we avoid non repayments?

The user loans their solana:8kVuY7Yir9NLaai9V73ZejscWdJ9q7aczidLtr38oL4r position to us against Sol with a liquidation price predetermined.

Traders with a non return will be liquidated.

[Collateral @Collateralsol]

@WeDemBoyzSol we are having much higher network vol than expected. literally redeploying server in 1 minute

[Collateral @Collateralsol]

Wow already over $10k in lending liquidity.

Borrow your $Collateral against it

[Collateral @Collateralsol]

@AntiXBT working on it currently. we werent expecting so much network volume. upgrading our servers right now.

[Collateral @Collateralsol]

@WeDemBoyzSol Not enough supply held here.

[Collateral @Collateralsol]

@theunipcs borrow collateral against your SI holdings using $Collateral

Use a portion of your 20M tokens to trade other coins

https://t.co/iV31IrJHpe

[Collateral @Collateralsol]

The developer wallet has already bought back over $4k which is being used to add to the virual reserves.

Will post updates here.

[Collateral @Collateralsol]

On 30 September pumpfun changed its bonding curve. The curve's virtual quote reserves, the number it counts from to price a coin, used to be a u64, which can never go below zero. Now they are an i128, which can.

read the docs here :

https://t.co/U5VhAnm9QU

[Collateral @Collateralsol]

Pumpfun just introduced support for negative virtual quote reserves on PumpSwap.

this effects how liquidity can be structured and more SOL can be taken out of the pools than before.

Enabling lending without affecting liquidity.

Collateral is built around this system.

https://t.co/zj8UlkE0Wy