Fractional ownership layer for tokenized equities on @RobinhoodCrypto Chain. One share, a thousand holders.
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
no referral program
we're not paying people to bring people
that's how u get a userbase that leaves the week the payout stops
use it because borrowing without selling is useful
or don't
$FRCT
THERE IS NO DUE DATE.
no maturity
no renewal
no call from anyone asking when
the loan stays open as long as the position stays healthy
that's the only condition
repay whenever, or never, while the number holds
$FRCT
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
site: https://t.co/kTYEUkvRoP
MOST DAYS NOTHING HAPPENS.
price moves a little
your health factor moves a little
interest accrues
that's it, that's the product working
if u want something to watch every hour
u're on the wrong app
0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
PATIENCE IS THE ONLY EDGE HERE.
$FRCT
max your LTV and one candle decides for u
half it and u get to be wrong for a while
the borrower who survives is not the sharpest one
it's the one who left room
no leaderboard for that
just a position still open in march
THE COLLATERAL IS ALREADY THERE.
people are holding tokenized NVDA and SPY right now
doing exactly one job
sitting still
every one of those positions is a loan waiting to happen
none of them know it yet
four markets are wired for the moment they find out
$FRCT
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
site: https://t.co/kTYEUkvjzh
LTV is a choice not a setting
max it and u're one candle from the threshold
half it and u sleep
nobody here will stop u from doing the first one
that's what permissionless means
$FRCT
site: https://t.co/aLaMipsXOI
your health factor is one number
$FRCT
it goes up when u repay
it goes down when the price drops
that's the whole dashboard
if u need a second screen to understand your risk
u're using the wrong thing
equities don't trade 24/7 and your collateral knows it
gaps happen where crypto would have traded through
that's a real risk and we're not going to pretend it isn't
size like an adult
the params are public before u enter
$FRCT
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
liquidators are not villains
they're the reason the pool stays solvent
they show up because the math pays them to
not because anyone called
nobody is on duty here
the incentive is
0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
stop screenshotting your portfolio
go borrow against it
deposit
post collateral
borrow USDG
position still running
full loop, no sale
$FRCT
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
site: https://t.co/aLaMipsXOI
LOOK AT THE STACK.
robinhood chain underneath
morpho blue as the engine
chainlink on pricing
tokenized equities on top
none of that is our invention
that's the point
$FRCT
https://t.co/aLaMipsXOI
thin markets pay the most before they fill
not a promotion
that's how a utilization curve works
read it once and u'll know exactly when the window closes
it closes by itself
$FRCT
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
first cut
not the final shape
the first one that works
4 markets wired
params already frozen
nothing to vote on
what's thin now won't be thin twice
$FRCT
CA: 0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
BORING WINS.
no rebase
no ve-lock
no emissions farm that dies in 6 weeks
one collateral one loan one curve
frozen at deploy
if that sounds unexciting check what's left standing in 2 years
0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
u already hold the collateral
that's the part nobody says out loud
the hard work is done
u just never had rails to use it
now u do
0x5d382f39fe5f78c7a423fbdf1161b819a3fccb9f
RWA narrative without the RWA cope
no treasury wrapper
no yield from a pdf
actual NVDA actual SPY actual collateral
posted onchain borrowed against
today