TSLA and SPCX are now live as collateral on Paboxo!
Both markets expand Paboxo's Stock Token lending lineup on Robinhood Chain, with isolated borrowing positions and USDG liquidity supplied through the shared Earn vault.
Users can deposit TSLA or SPCX Stock Tokens as collateral to borrow USDG without selling their holdings. Borrowers pay interest, while USDG suppliers earn variable yield through the Earn vault, funded by borrowing interest.
Your stocks are up. You need cash.
Selling part of your position seems like the obvious move. But what if you still believe the stock has room to grow?
Borrowing against eligible collateral gives you another option
SPCX is trading publicly now, adding another name to the conversation around tokenized stocks.
Imagine more stocks eventually becoming usable as onchain collateral.
When the market closes, the last price stays in place. borrowing and liquidations pause, but you can still repay, add collateral, or withdraw from vaults. nobody gets liquidated against a price that can’t update.
Once the market reopens, liquidations wait for the feed’s first fresh price. that’s why Stock Token markets use lower LTVs: NVDA at 60/65 versus WETH at 75/80.
Details: https://t.co/V97TLFu6DX