Pons

Pons Loans

Wallet disconnected Connect Wallet

Mock data Loans, terms and balances are simulated. Only the wallet connection touches Robinhood Chain.

Borrow against gPONZ. Never get liquidated.

The Clearinghouse lends treasury reserve against gPONZ at a fixed rate for a fixed term. There is no oracle, no health factor and no liquidation engine — if a loan is never repaid, the Treasury simply keeps the collateral it already holds.

oLTC i — — per gPONZ
Interest rate — Fixed for the whole term, no accrual surprises
Term — Roll forward any time before expiry
Liquidations None Default costs you the collateral, nothing else

New loan

Collateral is escrowed in your own Cooler
gPONZ

≈ — at the current index

You receive
0.00 USDC
Interest owed
0.00 USDC
Expiry
—
Repay by expiry
0.00 USDC

Rolling. At any point before expiry you can roll a loan into a fresh term. If governance has raised the oLTC since you borrowed, the roll pays out the difference; if it has fallen, you top up the gap. Interest for the new term is charged up front.

Your position

gPONZ available
—
Collateral escrowed
— gPONZ
Open loans
—
Max new borrow
— —
Total debt
— —

How Pons Loans works

  1. Deposit gPONZ into a Cooler you own. Nobody else can move it.
  2. The Clearinghouse lends — reserve per gPONZ — deliberately below liquid backing, so the Treasury is never underwater.
  3. Repay any amount at any time to release the matching slice of collateral.
  4. Miss the expiry and the Treasury claims the collateral. That is the whole downside — no oracle, no cascade, no penalty.

Your loans

Repay in full or in part at any time.
Loan Collateral Principal Interest Expires
Loan #12 Opened 37 days ago 4.5000 gPONZ — USDC 21.58 USDC 84d 0h
Loan #9 Expiring soon 2.0000 gPONZ — USDC 9.59 USDC 12d 0h
Loan #4 Past expiry 1.2500 gPONZ — USDC 6.00 USDC Expired 3d ago

Loan #4 is past expiry. The Clearinghouse may claim its 1.2500 gPONZ at any time. Repaying now still releases the collateral — until someone calls claimDefaulted.