Phase 1 · Demo
Pre-launchLending on Robinhood Chain

Your stocks stay.
Your ETH moves.

Pledge Stock Tokens or USDG to Paperline. Borrow ETH against them. Take it straight to the trading floor on Pons Family without selling a single share.

Try the demoJoin the waitlist
Phase 1 is live: website and demo. Lending is not live yet. Not affiliated with Robinhood or Pons.
Disc
01Mechanics

Four moves.
No selling.

Your collateral sits in a Paperline vault while the loan is open. You keep the upside of what you pledged; the ETH you borrow is yours to put to work.

01

Pledge

Deposit Stock Tokens or USDG from your own wallet into the vault.

Self-custody in
02

Borrow

Draw ETH up to the collateral's loan-to-value limit. Paperline funds the loan.

ETH out
03

Trade

Use the ETH on Pons Family, where every launch is quoted against WETH.

Your call
04

Repay

Return the ETH plus interest. Your collateral unlocks in full.

Collateral back
The fifth move is the one to avoid. If your collateral loses value, or ETH rises against a USDG position, the loan can cross its liquidation line and part of your collateral is sold to cover it.
02Demo app

Take a loan.
Risk nothing.

Connect a demo wallet, pick a collateral, set how hard you borrow and open a position. Everything here is simulated, and the parameters are indicative while the protocol is in development.

Demo modeSimulated. No wallet, no transactions, no real funds.
CollateralStock Token
$25,000
$1k$250k
35%
5%Max 55% · Liquidation 65%
$4,000
$1,000$10,000

Illustration only. Loan-to-value limits, liquidation thresholds and rates are placeholders, not final terms, and will be set through risk modelling before launch.

You borrow
2.188ETH
≈ $8,750 at the assumed price
Health factor1.86
Comfortable buffer
Liquidation if NVDA collateral falls 46.2%, to a value of $13,462.
Market-hours risk: Stock Tokens trade 24/7 but the underlying market does not. Prices can gap when it reopens.
Borrow rate[TBD at launch]
03Collateral

Two worlds,
one vault.

We start narrow on purpose: only assets native to Robinhood Chain, each with an on-chain price that a liquidation engine can trust.

AStock Tokens

Wall Street, on-chain.

ERC-20 tokens that track US shares. Every Stock Token on Robinhood Chain carries its own Chainlink price feed, so a vault can read its value directly.

NVDA
NVIDIA
Chainlink feed
AAPL
Apple
Chainlink feed
GOOG
Alphabet
Chainlink feed
Indicative max LTV 55%Weekend price gapsNot available to US persons
BUSDG

Digital dollars.

The stablecoin Stock Tokens settle in. The steadiest collateral on the menu, with one catch you should know about.

$G
Indicative max LTV 80%Short ETH exposure
04Why Robinhood Chain

Built where the
assets already live.

L2
An Ethereum layer 2 on the Arbitrum stack, settling to Ethereum.
~100ms
Block times, fast enough that a liquidation engine is not left behind.
ETH
The gas token, and the exact asset you borrow. No extra swap step.
Jul '26
Public mainnet since 1 July 2026, with Chainlink oracles live from day one.
05The trading floor

Liquidity that lands
on the floor.

  • Pons Family is the busiest token launchpad on Robinhood Chain, and every launch there is quoted against WETH.
  • Borrowing ETH means the loan arrives in the currency the floor already speaks.
  • Launches there can be volatile, illiquid or go to zero. Borrowed money does not make that safer.
06Risk & transparency

What can go wrong,
said plainly.

R-01

Liquidation

Cross the liquidation line and part of your collateral is sold, with a penalty, to repay the loan.

R-02

Unaudited code

The contracts are still being written. Nothing ships to mainnet before an independent audit.

R-03

Oracle & sequencer

Prices come from Chainlink. If the chain's sequencer goes down, feeds can go stale and the vault must pause.

R-04

Weekend gaps

Stock Tokens trade around the clock while US markets close. A Monday open can jump past your buffer.

R-05

Short ETH on USDG

Dollar collateral against an ETH loan loses when ETH rallies. Size it like the short it is.

R-06

Where you live

Stock Tokens are not offered to US persons and are restricted elsewhere. Lending rules differ by country.

07Roadmap

Honest about
where we are.

What you can use today is the demo. Each phase below unlocks a real piece of the protocol, and the waitlist gets every one of them first.

Phase 1 Live

Launch

  • This website
  • Interactive demo app
  • Waitlist open
  • Collateral set and risk model
Phase 2 Next

Testnet beta

  • Real wallet connect
  • Deposit test Stock Tokens and USDG
  • Borrow test ETH
  • Live health factor from Chainlink
Phase 3 After audit

Guarded mainnet

  • Independent security audit
  • Capped loan sizes
  • Liquidation engine live
  • Caps lift as it proves out
Phase 4 Then

Trading floor

  • Paperline terminal
  • One-click route to Pons Family
  • More Stock Tokens listed
  • Waitlist votes on what is next
08Early access

Be first in line when the vault opens.

Waitlist members get testnet access first and a say in which Stock Tokens we list next.