Borrow against your stocks (and tokens) without selling them.
The money market for tokenized equities on Robinhood.
Isolated markets, priced by Chainlink.
Tokenized stocks deserve their own money market.
@DenarMarkets is now live.
Lend USD, earn yield, or borrow against your stock tokens without selling them.
Built on @RobinhoodCrypto. Priced by @Chainlink.
BREAKING: The London Stock Exchange is putting its top 100 stocks on the blockchain, letting them trade 24/7.
Opening up roughly $3.5 trillion in UK equities to crypto rails.
Market info: isolated, 38.5% LLTV, 10k deposit cap (increase after it fills).
Stocks were first. Next is every major token worth borrowing against — and $DENAR holders vote on which.
ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 is live on: https://t.co/maQYpQNFVb
A new era for Robinhood Chain starts here.
@ponsdotfamily is the first blue-chip token added to Denar Markets.
What just happened will go in history books, not because there's one more market, but because of what kind of market it is 👇🧵
And this one wasn't our choice. Denar is owned by its holders.
ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 won the governance vote with 60% of the preferences and went live the same day.
$DENAR holders picked it, we shipped it. 👇🧵
ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 is leading with 55.5% and 3 hours to go.
If it holds, we open the ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 market tonight and people be able to borrow USDG with your PONS tokens.
$DENAR holders can still turn it.
Vote for free, no gas, no transaction: https://t.co/OlqALJDamc
Capacity doubled a few hours ago, but markets are already filled again!
99% filled. Another increase will be done tomorrow, after the 1 day security timelock.
The next raise is already pending on-chain: 10,000 per market, 60,000 total.
After a 1-day on-chain timelock, caps are finally up!
Deposit caps are up: 2,500 → 5,000 USDG per market.
Vault total capacity 15,000 → 30,000 USDG.
More room to lend/borrow, and the vote for the 7th market is still open: https://t.co/SQRg3xbOAk
Some wallets may flag the signature.
The site was reported as malicious. The report is false and we're getting it removed.
It's an EIP-712 message: proposal, choice, your address, a timestamp. No transaction, no approval, no token access. It cannot move anything.
All Denar contracts are safe and verified on-chain.
Which token gets a market on Denar?
$DENAR holders decide.
On the ballot: $BACKED · $INDEX · $NET · ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241
One round, 24h. Your weight is your $DENAR when you sign. It's a signature, not a transaction — no gas, no approval.
Vote 👉 https://t.co/ajkyiWCWGa
Stock tokens don't have to sit in wallets anymore.
On Denar they're collateral: borrow USDG against NVDA, AAPL, SPY — without selling a share.
The chain got a stock market. Now it has a money market.
→ https://t.co/j73ff5EDRQ
The stock market closes on the weekend.
@DenarMarkets doesn't.
Deposits and withdrawals work 24/7.
Lending and borrowing keeps working on Friday's close.