Lend and borrow ETH and memecoins.
Supply ETH, PONS, CASHCAT or AI and earn what borrowers pay. Borrow against any of them. Interest accrues per second, liquidations pay a bonus, every parameter is on-chain.
Markets
Every listed asset can be supplied, borrowed and used as collateral. Rates move with utilization.
| Asset | Price | Supplied / cap | Supply APY | Borrowed / cap | Borrow APY | LTV / LT | Actions |
|---|---|---|---|---|---|---|---|
 ETHEther | 70% / 80% | ||||||
 PONSPons | 35% / 55% | ||||||
 CASHCATCash Cat | 30% / 50% | ||||||
 AIArtificial Inu | 30% / 50% |
- ETHEther
- Price
- LTV / LT
- 70% / 80%
- Supplied / cap
- Supply APY
- Borrowed / cap
- Borrow APY
- PONSPons
- Price
- LTV / LT
- 35% / 55%
- Supplied / cap
- Supply APY
- Borrowed / cap
- Borrow APY
- CASHCATCash Cat
- Price
- LTV / LT
- 30% / 50%
- Supplied / cap
- Supply APY
- Borrowed / cap
- Borrow APY
- AIArtificial Inu
- Price
- LTV / LT
- 30% / 50%
- Supplied / cap
- Supply APY
- Borrowed / cap
- Borrow APY
How it works
Three actions, in either direction.
- 01
Supply
Deposit ETH, PONS, CASHCAT or AI. Your balance grows every second with the interest borrowers pay. Withdraw whenever the pool has liquidity.
- 02
Borrow
Flag a supply as collateral and borrow any other asset up to its loan-to-value. ETH against memecoins, memecoins against ETH, or any mix.
- 03
Repay or get liquidated
Repay any time, partially or in full. Below a health factor of 1 anyone can repay part of your debt and take collateral at a bonus.
Risk
What can go wrong and what limits it. Mainnet parameters.
Oracle
Memecoin prices are 30-minute TWAPs from Uniswap v3 WETH pools, denominated in ETH. A shallow pool can be pushed; the window and a 25-minute minimum history limit how far.
Borrow factor
Memecoin debt is counted at 2x its value when we check your health factor. Borrowing a volatile asset needs twice the collateral that borrowing ETH does.
Caps
Every reserve has a supply cap and a borrow cap in its own units. Both limit how much bad debt one asset can create.
Liquidation
Below health factor 1 a liquidator repays up to 50% of a debt (100% under 0.95) and receives collateral plus a bonus: 5% on ETH, 12% on memecoins. 10% of the bonus goes to the treasury.
Use at your own risk.