Robinhood Lending Protocol

New Acc: @RLProtocolNew

[Robinhood Lending Protocol @RLProtocol]

We've moved to a new X account: @RLProtocolNew

Follow us there to stay updated. Our old account hit a bluecheck verification bug and it's been stuck under review for the last 48 hours, so we're rolling with the new one for now.

[Robinhood Lending Protocol @RLProtocolNew]

5.1% of supply has been permanently burnt since we launched currently worth 8000$.

Every sell burns tokens making $RLP Deflationary.

[Robinhood Lending Protocol @RLProtocolNew]

RLP has now issued over 0.43 eth in loans to 37 users.

Next up, we're introducing flexible loan durations, 1 day, 3 day, 7 day, and 30 day. The shorter the loan, the less you pay in fees.

We're also adding options for holders to supply eth as loans and earn yield on it as borrowers take it out.

Plenty more on the way, including additional collateral options like tokenized stocks, custom sell instructions on loans, and more.

[Robinhood Lending Protocol @RLProtocolNew]

$Pointless is now whitelisted on $RLP.

Lend $Pointless and borrow upto 60% eth.

[Robinhood Lending Protocol @RLProtocolNew]

. @GamestopOnRH is now whitelisted on $RLP.

Lend $GME and borrow upto 60% eth.

[Robinhood Lending Protocol @RLProtocolNew]

$RLP is now multichain.

You can borrow ETH by putting up @solana tokens as collateral, no bridging or selling required.

$TROLL , $ANSEM and $pippin are our first whitelisted tokens.

No more dumping a token on one chain just to free up liquidity on another. Keep your bags, borrow against them, and stay exposed to the upside.

Get liquidity without giving up your gains.

Try it now on our dapp: https://t.co/PKR9Rtr1Lj

[Robinhood Lending Protocol @RLProtocolNew]

Multichain collateral loans go live at 4 pm utc.

You'll be able to use your Solana tokens as collateral and get eth on Robinhood chain.

[Robinhood Lending Protocol @RLProtocolNew]

Gm $RLP community.

Day 3 of rlp starts and today is packed with updates and features, but first let's do a day 2 recap.

28 loans issued
0.272 eth given out in loans
58 tg bot users
8 wl tokens

Today is a big day. We're expanding our ecosystem to crosschain, meaning you'll be able to lend tokens on Solana and get eth on Robinhood.

We'll also share details about our ai agent skill. If you have an ai agent running trades for you, with this an agent can connect to RLP and borrow funds if needed.

Third, we're working on a feature where holders can stake eth for 1 day, 7 day, or 30 days, which users can borrow against for loans, and stakers earn upto 3% interest.

[Robinhood Lending Protocol @RLProtocolNew]

. @ProjectVEXai is now whitelisted on $RLP.

Lend $VEX and borrow upto 60% eth.

[Robinhood Lending Protocol @RLProtocolNew]

Which token would you like us to white list next?

Drop the CA in the comments and we'll pick the most requested one.

[Robinhood Lending Protocol @RLProtocolNew]

Why borrowing beats selling.

Every time you sell a token to buy another token, you pay fees on the token and take price impact twice.

Instead, use $RLP to put your position up as collateral and get ETH.

Once your work is done, pay back the ETH and get all your tokens back, so you never lose out on your gains.

[Robinhood Lending Protocol @RLProtocolNew]

$TENDIES is now whitelisted on $RLP.

Lend $TENDIES and borrow upto 60% eth.

[Robinhood Lending Protocol @RLProtocolNew]

3.51% of supply has been permanently burnt since we launched.

Every sell burns tokens making $RLP Deflationary.

2200$ worth of tokens burnt since launch.

[Robinhood Lending Protocol @RLProtocolNew]

Multichain collateral loans are coming to RLP.

You can now use @solana or @base tokens as collateral to take out loans.

The only protocol with multichain borrowing.

Goes live tomorrow.

[Robinhood Lending Protocol @RLProtocolNew]

$RLP protocol stats since launch

Total loans issued: 20
Active loans: 4
Total ETH sent out: 0.21 ETH
Whitelisted tokens: 6
Fees earned: 0.01 ETH

The protocol is already generating real fees on modest volume, and it only scales from here.

[Robinhood Lending Protocol @RLProtocolNew]

. @RobinhoodsPepe is now whitelisted on $RLP.

Lend $repe and borrow upto 60% eth.

[Robinhood Lending Protocol @RLProtocolNew]

2.47% of supply has been permanently burnt since we launched.

Every sell burns tokens making $RLP Deflationary.

[Robinhood Lending Protocol @RLProtocol]

Amplify your trades with RLP.

Say you've got 0.1 ETH and want more exposure to a token than that. You can now.

Buy 0.1 ETH of the token, then use $RLP to borrow against it as collateral, up to 0.06 ETH.

That extra 0.06 you can use to buy same token or exposure to a diffrent token, so your position is now worth 0.16 ETH.

Bigger upside on the same capital. And you can exit anytime you want.

Do it through the RLP dashboard, the TG bot, or the web dashboard.

[Scraycrovic @FScraycrovic]

I found a gem on Robinhood chain
It's @RLProtocol , a Lending Protocol dapp which is simple and easy to use and you can borrow ETH in no time

It also has its own Governance token $RLP that you can use as collateral with many more supportrd tokens

Here's how easy this dapp

[Robinhood Lending Protocol @RLProtocol]

Gm everyone. Here's the Day 1 recap of $RLP

We launched our token on @RobinhoodApp

Web dashboard and TG bot are both live.

The numbers so far:
- Over 13 loans issued
- Over 0.2 ETH given out in loans
- 5 tokens whitelisted
- 2% of supply burnt
- 0.2 ETH in buybacks done

Today we've got 2 major feature releases dropping.

We're also raising the borrowing limit to 0.2 ETH per user today.

Exciting day ahead.