Robinhood Chain Overview
Use NFTs as collateral for peer-to-peer loans on Robinhood Chain.
How Robinhood Chain Loans Work
The Robinhood Chain product is in Open Beta.
Robinhood Chain is an Ethereum Layer 2 built on the Arbitrum stack. Liquidium.WTF uses Ethereum-based smart contracts for loans on this network.
You can lock a supported NFT and receive the collection's supported loan currency, or fund the principal in exchange for interest.
Launch Terms
- Term: 7 or 14 days.
- APY: 150% or 200%, based on the collection tier.
- Maximum principal: 98% of the live collection floor.
- Minimum principal: none.
Loan Risk
Robinhood Chain loans have no price-based liquidation. The collection floor can move above or below the principal without closing the loan.
Repay before the displayed deadline and allow time for on-chain confirmation. After an unpaid loan expires, the lender can claim the NFT from Portfolio.
App Areas
- Borrow: choose a supported collection and NFT on Robinhood Chain, then review the available loan terms.
- Lend: review Robinhood Chain collections and create an offer on the selected network.
- Portfolio: track offers and loans for the connected wallet on the selected network.
- History: review settled loans for the connected wallet on the selected network.
- Leaderboard: compare Robinhood Chain lending and borrowing activity. Ethereum has a separate leaderboard.
Switch Networks and Connect
Select Robinhood Chain in the network switcher, then connect your ETH wallet.