$PONLIX is here. Live on @ponsdotfamily
CA: 0x1d9829806a2cD93f124c80542bE0F7fC22c8BD77
Lock what you already hold - Pons tokens or tokenized equities - and draw ETH against it. Interest ticks by the second, nothing falls due on a date, and the collateral stays yours for as long as the position covers the debt.
It buys two upgrades inside the protocol, and burns when you use them.
https://t.co/LoUr2PeJGN
One position, start to finish.
Anon locks tokenized NVDA / $PONS worth 10 ETH and draws 3 against it. He keeps the stock.
His liquidation line sits at 5.45 ETH of collateral - the position survives a 45% fall.
Three weeks later he repays, and the shares walk back into his wallet.
https://t.co/LoUr2PeJGN
Ponlix website is live.
https://t.co/E8nnoaQdAz
Lock your Pons coins, borrow tokenized stocks or wETH against them.
Supply ETH or wETH and earn from borrowers.
$PONLIX is coming to @ponsdotfamily tomorrow.