PROTOCOL DOCUMENTATION / V0.9

Credit without
selling the asset.

How Borrowty values NFT collateral, isolates collection risk, calculates health, and routes liquidity on Robinhood Chain.

MAINNET CONTRACTS DEPLOYED · MARKETS PAUSED
01 / OVERVIEW

Collateral becomes a credit line.

Borrowty is a collection-isolated borrowing protocol for liquid NFTs on Robinhood Chain.

Borrowers lock an eligible NFT in a protocol vault, choose principal and term, and receive liquidity against a risk-adjusted portion of the collection floor. Repayment releases the same NFT. Lenders provide capital to collection-specific pools and earn interest generated by active loans.

DESIGN PRINCIPLEThe borrower should understand the liquidation boundary before signing anything.
01Isolated pools

One collection's volatility cannot consume another market's liquidity.

02Transparent health

LTV, threshold, floor stress, and maturity stay visible throughout the loan.

03Non-custodial claims

Vault logic controls collateral; no operator wallet holds borrower NFTs.

02 / VALUATION

A floor is a signal, not a promise.

The risk engine discounts raw marketplace price into conservative borrow power.

Each market model combines current floor, executable collection offers, recent sales velocity, 24-hour volume, holder and listing concentration, supply, floor volatility, and pool utilization. Thin markets receive lower LTV limits and higher borrow rates.

COLLATERAL VALUEMIN(adjusted floor,bid-backed value)×market confidence

Launch collection snapshots

COLLECTIONFLOORSUPPLYSOURCE
StonkBrokers5.94 ETH4,444OpenSea ↗
Stackers0.1089 ETH2,717OpenSea ↗
Cash Cats0.0958 ETH9,995OpenSea ↗
RH MACHINES0.063 ETH9,999OpenSea ↗
Snapshots observed 27 Aug 2026. Marketplace prices change continuously and are never guaranteed execution prices.
03 / LOAN TERMS

Every term maps to a risk.

Principal, duration, interest, and liquidation threshold are fixed in the quote before collateral moves.

PRINCIPALBorrowed asset amount

Capped by collection maximum LTV and available pool liquidity.

DURATION7 / 14 / 30 / 90 days

Longer terms carry more floor and liquidity uncertainty.

INTERESTVariable market APR

Determined by utilization, collection tier, and term duration.

MATURITYPrincipal + accrued interest

Full repayment releases the collateral NFT to the original borrower.

  1. QuoteSelect market, NFT, amount, and term.
  2. VerifyReview health factor and liquidation floor.
  3. LockApprove NFT transfer to the market vault.
  4. BorrowReceive funds in the connected wallet.
  5. RepayReturn principal and interest to reclaim collateral.
04 / RISK ENGINE

Health is the distance to liquidation.

A health factor above 1.00 indicates that collateral value remains above the liquidation boundary.

HEALTH FACTORliquidation threshold × collateral value÷outstanding debt
1.62HEALTHY

Because NFT markets can gap rather than move continuously, Borrowty also shows floor-drawdown scenarios. A healthy current factor does not eliminate liquidation risk. Borrowers should maintain a material buffer and monitor maturity.

1.50+Healthy

Wide floor and interest buffer.

1.10–1.49Watch

Repay or add collateral if conditions weaken.

1.00–1.09Critical

Very close to liquidation eligibility.

<1.00Eligible

Keeper auction can begin.

05 / LIQUIDATIONS

Deterministic, visible, final.

Liquidations protect lenders when debt is no longer sufficiently covered.

A vault becomes eligible when its health factor falls below 1.00 or when a fixed-term loan reaches maturity unpaid. Eligible collateral enters a time-bounded auction with an initial price derived from the latest validated floor and collection-specific discount curve.

01Eligibility

Health < 1.00 or maturity passes.

02Auction

Price descends on a public curve.

03Settlement

Debt is repaid to the pool.

04Surplus

Remaining proceeds return to borrower.

06 / LAUNCH CHECKLIST

Mainnet code is live. Markets remain closed.

The contracts are deployed on Robinhood Chain and intentionally paused until the remaining launch gates are complete.

CONTRACTADDRESSNETWORKEXPLORER
FLOOR ORACLE0x910A…b120CHAIN 4663Blockscout ↗
LENDING POOL0x7C40…C6520CHAIN 4663Blockscout ↗
READ LENS0xDF27…7D51CHAIN 4663Blockscout ↗
Product markets, loan builder, lender pools, and risk surfacesCOMPLETE
Protocol contracts deployed and addresses publishedCOMPLETE
2Independent smart-contract audit reportPENDING
3Oracle and floor-validation methodology reviewPENDING
4Keeper auction rehearsal and incident response planPENDING
5Liquidity caps approved for each collection marketPENDING
Explore the complete launch product