Skip to contentLending: borrow USDG and keep your position earning
Lend USDG for interest paid by borrowers, or lock managed vault shares and borrow USDG against them. Every market holds its own cash and absorbs its own losses.
How rates move with borrowing
Drag the share of lent USDG that borrowers use. Example curve, not launch parameters.
- Borrowers pay
- 5.65%
- Lenders earn
- 3.15%
62% of lent USDG borrowed
First collateral candidates
Markets need a Chainlink feed and real liquidity. These founts qualify on today's data.
The rules each market will follow
Loans stay over-collateralised
Locked vault shares must be worth more than the loan at all times. The market values shares a little below their live price, so a small dip does not threaten a loan.
Lenders withdraw what is not borrowed
Your USDG is never locked for a fixed term, but a withdrawal can only draw on USDG that borrowers are not using.
A reserve absorbs losses first
A slice of borrower interest builds a reserve. If a liquidation arrives late and loses money, the reserve pays before lenders do.
Prices must be fresh
New loans and withdrawals need a current Chainlink price and an open market. Outside feed hours, those actions wait.