I'm open to suggestions
I think @Borromarkets needs a different logo. No hate on the cassette just think it doesn’t hit in terms of matching the protocols energy /devs commitment.
Love reading these
One week into my Borro experiment.
I’ve been lending MSTR, TSLA and USDG on @BorroMarkets.
Today’s numbers:
Value on Borro: ~$118
Total rewards: ~45,463 $BORRO ≈ $36.37
Claimable: 6,725 $BORRO ≈ $5.38
Calculated at $0.0008 per $BORRO.
Using my current ~$120 position as the base:
1-week return: ~30.3%
Simple annualized APR: ~1,580%
I added funds along the way, so ~$120 is simply today’s position size used as the base. And of course, this APR is just a snapshot of the first week — not an expectation that it stays here.
Still, ~30% against my current capital base in the first week is hard to ignore.
And the part I like most:
I didn’t buy $BORRO to earn $BORRO.
I’m simply putting stock tokens and stables I already hold to work and stacking $BORRO on top.
One week down. I’ll keep running the experiment and sharing the numbers.
Monster truck show was incredible btw. As always thanks for letting me hang with my kids on the weekends.
You guys are amazing.
Brick by brick
Borro is now tracked on @DefiLlama.
Every dollar lent, borrowed and free to borrow on Robinhood Chain's stock loan desk, read straight from the chain.
defillama.com/protocol/borro
There's a new version of this post
Just crossed 40k in deposits and now we've announced the Borro Bookrunners program.
Time to get to work.
Introducing Borro Bookrunners!
Bring deposits to Borro with your code and keep 100% of our fee on them for the first 12 months. Then 50%, for as long as they stay.
On top of that: a 20M $BORRO Bookrunner Drip in year one.
Get your code: borro.markets/bookrunners
Thanks for digging in this far. Short answers:
Partial withdrawal: you forfeit 20% of that position's unvested $BORRO, not all of it. Each vault is its own position, so your MSTR, TSLA and USDG are three separate positions, and a withdrawal only touches the one it came out of. Take out 20% of your MSTR and 20% of MSTR's still-vesting $BORRO is forfeited. TSLA and USDG don't change. Anything already vested is never touched. The same 20% also comes off what that position earned earlier that day.
Loyalty multiplier: it resets for the whole position, not just the part withdrawn. That position goes back to 1x and climbs toward 3x again over 90 days. Your other positions keep their multipliers.
Two details:
- Drops under 0.1% don't count, but they add up, so lots of tiny withdrawals eventually count as one.
- Adding to a position never resets it. The new money's age is simply averaged in.
Where forfeits go: they're shared back over the next 30 days to everyone still lending.
Why you couldn't find it: the contracts only hold the daily Merkle root and pay claims. The per-position math lives in the keeper that builds the daily list.
Your vesting math is right. Each day's reward vests evenly over 30 days, so with steady rewards, what unlocks each day climbs toward your daily amount by around day 30. One thing to keep in mind: the daily amount itself isn't fixed. The Drip is a fixed pool shared by everyone lending, so your share moves as deposits come and go, and the pool halves on April 7.
Been testing V2 with real capital, and after digging deeper into the contracts + GitHub, I have one question.
First — the reward system is honestly more thoughtfully designed than I initially realized.
The emission curve, daily drip, 30-day vesting, loyalty multiplier and Merkle-based distribution all fit together really well.
I’m currently lending around $100–120 across MSTR, TSLA and USDG, averaging roughly 7K $BORRO/day so far.
If that continued for 30 days, and each daily reward vests evenly over 30 days, the overlapping vesting schedules should eventually approach ~7K $BORRO becoming claimable per day around Day 30.
That leads to my question:
If I withdraw only 20% of one lending position, do I forfeit 20% of its unvested $BORRO, all unvested $BORRO for that asset, or something else?
And does a partial withdrawal reset the loyalty multiplier for only the withdrawn portion, or for the entire asset position?
I couldn’t find the exact partial-withdraw logic in the public contracts/docs.
Asking publicly because I think this is useful for other lenders too.
Really impressed by how much thought has gone into the system. Would love to understand this last piece.
Our first agentic lend on Borro?
Love it
My agentic hedge fund on my Mac mini is cookin
Its wallet holds $RBTX +NFT. Got dropped $SPCX
Immediately lent SPCX to robinhood:0x89b76dcdda801f2e456765742c64950eb2a0c93c
my $GRIFT agent is living its own life in @Griftwrld. Probably going to have it buy some property in the hills soon
And my agent loves $PRIORS. It has a credit line open and lending on @priors_trade. It also takes any fees I get in the wallet goes back to the priors pool. It also has future plans as priors grows
This all runs on its own. We are in the singularity with cryptocurrency
Let me know what you guys think.
I'll go over the builders program in depth tomorrow and then we'll make an announcement and go to market with it.
Borro v2 is live.
Your stock has been sitting still.
Rent it out. Borrow against it. Short the ones you don't believe in.
The stock loan desk on Robinhood Chain.
borro.markets
