Opening the gates

DOCS

Aequitas

1. What this is

Aequitas lets a holder post a tokenized stock and borrow USDG. The stock token remains the collateral. The dollars come from lenders in that name's isolated book. $AE is the project ticker.

2. Names

NVIDIA, Apple, Tesla, Meta, Reddit, and SpaceX. A market opens when the token and its oracle are live on Robinhood Chain. Pending names stay visible and cannot be posted.

3. How a loan works

  1. Connect a wallet on Robinhood Chain, chain id 4663.
  2. Approve the stock token for the lending book.
  3. Deposit the token as collateral.
  4. Borrow USDG within the published loan to value.
  5. Repay USDG, then withdraw the stock token.

4. Exchange

The exchange desk quotes ETH, WETH, USDG, and the listed stock tokens. Quotes are requested from the exchange router. The interface does not custody either side.

5. Risk

If the stock token falls, the position's health falls with it. Past the liquidation loan to value, a liquidator may repay part of the debt and take collateral. Size the loan with room. Oracle prices and available liquidity can move.

6. Contracts

Lending book: 0x9D53d5E3bd5E8d4Cbfa6DB1ca238AEA02E651010

USDG: 0x5fc5360D0400a0Fd4f2af552ADD042D716F1d168

WETH: 0x0Bd7D308f8E1639FAb988df18A8011f41EAcAD73