Loan-to-value
25–50%
set for each token
Stock lines
Borrow USDG against your stock tokens.
Hold Robinhood stock tokens on Robinhood Chain? Deposit them and borrow USDG against them, without selling. Repay on time and the vault sends them back. If a loan defaults, the vault keeps the whole deposit. There is no credit check, because the tokens are the collateral.
Sign in with Google. No wallet to set up. Not available to US persons or in restricted countries.
Line limit
$250
per line
Fee
1%
per 30 days, fixed when you borrow
Open for new loans
—
tokens, read live
Read from the stock vault, live · /api/stocks
No. 1
How, in three steps
Everything happens in the Backing tab of your account, on go.priors.trade.
i.
Deposit
Bring one of the accepted stock tokens into your account and deposit it. The Priors stock vault holds it and opens a USDG line of 25 to 50% of its value, at most $250.
A record of repaid Priors credit adds up to 15 points, never above 70%.ii.
Borrow
Borrow USDG up to the line, for 1 to 30 days, at 1% per 30 days, fixed when you borrow. The USDG goes to your agent's wallet in seconds.
iii.
Repay, take them back
Repay the USDG plus the fee before it is due. Close the line, and the vault sends your tokens back. While a loan is open, the tokens stay in the vault.
No. 2
The tokens it takes, live
Each token's value comes from its Chainlink feed, read on Robinhood Chain. A sharp move, a split or a paused token holds new loans on that token until it settles.
| token | name | value | you can borrow | new loans |
|---|---|---|---|---|
| reading the stock vault… | ||||
No. 3
What it costs
1% per 30 days of the term you pick, fixed when you borrow. No other fee: Priors pays the gas.
| you deposit | line | you borrow | fee | you repay |
|---|---|---|---|---|
| $500 of a 50% token | $250 | $200 for 30 days | $2.00 | $202.00 |
| $400 of a 25% token | $100 | $100 for 7 days | $0.23 | $100.23 |
No. 4
The risks, plainly
Read these before you deposit anything.
A late loan costs the whole deposit
Three days after the due date, anyone can mark the loan defaulted, and the vault keeps all the tokens you deposited, not just what you owe. Borrow only what you will repay on time.
The line is fixed when you open it
If the stock falls, you can borrow less of the line, and new loans may wait. A loan already open is not called early. If the stock rises, you can borrow more, but never above the line.
It is new, and unaudited
The stock vault has had internal reviews, no third-party audit. Its findings and fixes are public: SECURITY-v2.md.
Limits
At most $250 a line, and $1,000 of new lines a week across everyone.
Open the Backing tab
Sign in with Google. No wallet to set up.