Answers, without the jargon.
Short answers to the most common questions. For deeper detail see the docs, or check live system health.
Getting started
Which wallet can I use?
Any injected EVM wallet such as MetaMask, Rabby or Coinbase Wallet, with Robinhood Chain (chain id 4663) added. The app offers to switch networks for you.
What do I need?
USDG on Robinhood Chain for deposits and a little ETH on Robinhood Chain for gas.
Is there a fee to deposit or withdraw?
There is no deposit, withdrawal or management fee. Deposits and cash withdrawals value the vault's stock with a 0.5% spread that stays with existing holders, to protect them from price lag. The protocol only earns a share of harvested trading fees.
Vaults
Why is my deposit button disabled?
Deposits need open US stock markets, a current Chainlink price, an unpaused vault and room under the deposit cap. From Friday evening to Sunday evening (US time) deposits pause automatically.
Why did my withdrawal fail?
Standard withdrawals pay USDG from vault cash and follow the same market-hours rule as deposits. Redeem in kind works at any time and pays your share of both tokens.
Can my position lose value?
Yes. Vault shares carry Stock Token price exposure and are not principal-protected.
Lending
How much can I borrow?
Up to the market's max loan-to-value of your locked vault shares, limited by the USDG available in the market.
When am I liquidated?
When your debt passes the liquidation threshold of your collateral value. Anyone can then repay part of your debt and receive collateral plus a bonus.