Understand the deal
before you sign.

LendHood is a peer-to-peer, fixed-rate lending market on Robinhood Chain. Borrowers and lenders publish terms, and a loan begins only when another wallet accepts those exact terms.

The maker publishes a borrow request or funding offer and escrows their side of the deal. A counterparty reviews the terms, supplies the other asset, and signs. The protocol then activates the loan and escrows both sides atomically.

Yes. Users can publish and accept terms at any time. Robinhood equity price feeds normally update 24/5; outside publisher hours, the protocol can use the last verified value for up to 72 hours. Actions stop if that limit is exceeded or the token reports an oracle pause.

LendHood supports AAPL, AMD, AMZN, ASML, BABA, CLSK, COIN, CRCL, CRWV, DELL, GME, GOOGL, INTC, IONQ, META, MSFT, MSTR, MU, NBIS, NVDA, ORCL, PLTR, QQQ, RGTI, RKLB, SNDK, SPCX, SPY, TSLA, TSM, LHOOD as collateral. Loans are denominated in USDG. LHOOD is a separate experimental market with tighter limits and an externally indexed DEX price.

New terms can range from one minute to the onchain duration limit of approximately 136 years. Fractional days are supported: 0.25 days is six hours and 0.5 days is twelve hours. The maker chooses the duration, and the counterparty must accept that exact term.

The grace period for a new offer is locked when the maker publishes it. It is 25% of the loan duration, with a five-minute minimum and the protocol-configured three-day maximum. For example, a one-hour loan receives 15 minutes of grace. Interest stops accruing at maturity; after maturity plus grace, an unpaid loan can be claimed as a default. Price-based liquidation has no grace period.

For stock-token collateral, the protocol charges a 0.20% origination fee on principal and takes 7.5% of interest earned. For example, if a lender earns 10 USDG of interest, the protocol fee is 0.75 USDG. It is not an additional 7.5% charge on principal. LHOOD-backed offers have zero protocol origination and interest fees; the lender’s agreed APR and Robinhood Chain gas still apply.

Yes, as an experimental limited market. LHOOD offers have a 10% maximum LTV, a 20% liquidation threshold, a 100 USDG total active-debt ceiling, and a 100,000,000 LHOOD collateral ceiling. The market may stop accepting or activating terms if its price publication becomes stale or source liquidity falls below the configured floor.

LHOOD does not store a USD price in its token contract. An isolated publisher relays the USD price of one exact Robinhood Chain LHOOD/ETH Uniswap pool as indexed by DexScreener. The feed requires at least $5,000 of reported pool liquidity and is wrapped by the Robinhood Chain sequencer guard. This is operator-published and not cryptographically publisher-verified, so it can be delayed, manipulated, unavailable, or materially different from an executable liquidation price.

Protocol fees first fund the onchain backstop up to its configured target. After required backstop funding, LendHood plans to use 50% of protocol fees available to treasury to buy back the LendHood token once the token, execution rules, and public reporting process are formally launched. The remaining 50% supports protocol operations and treasury. No token buyback program is active today, and future purchases are not guaranteed.

Borrowers and lenders choose their own fixed APR when publishing terms. LendHood does not set a universal lending rate, and another wallet must voluntarily accept the published terms before a loan begins.

Interest is fixed by the signed APR and loan duration. The amount due is calculated by the contract from the loan principal, rate, and elapsed contractual term; review the final wallet transaction and onchain agreement before signing.

Each loan must be between 100 and 500 USDG. Total protocol debt is capped at 2,500 USDG, and each stock-token collateral market is capped at 10 tokens during the limited launch. LHOOD is separately capped at 100 USDG of active debt and 100,000,000 LHOOD of collateral.

Liquidation is permissionless when an active loan crosses its onchain liquidation threshold. Keepers monitor positions, but automation, liquidity, oracle availability, and transaction inclusion are not guaranteed.

Interest stops accruing at maturity. The borrower can repay through Settlement during the snapshotted grace period. After maturity plus grace, an unpaid loan can enter the contract’s default process and its collateral may be claimed.

Yes. A borrower can add more of the same collateral token to an active loan from the Settlement page. Adding collateral lowers the loan-to-value ratio but does not change the signed principal, APR, or maturity.

Assets are held by the onchain protocol contract according to the loan state, not in a conventional LendHood user account. Wallet approvals should be reviewed carefully before signing.

Yes. The live protocol uses an upgradeable proxy controlled by the administration Safe. An upgrade can change contract logic, while proxy-held state and assets remain at the same address. This introduces governance risk and users should monitor administrative transactions.

No. Smart-contract controls, exposure caps, monitoring, and a fee-funded backstop reduce risk, but they do not guarantee repayment, collateral value, liquidation execution, oracle availability, or recovery of funds.