Seven switches stand between a stock token and a loan.
The $PLEDGE desk makes you flip each one yourself.
Film M follows a single example, 100 NVDAc, from raw value to a repaid loan:
1. Connect: reads your account and sends nothing
2. Approve: an exact-amount approval, never a blank check
3. Supply: its own review, then your confirm
4. Enable: collateral switched on in a separate review
5. Borrow: debt, health and fee shown before your wallet opens
6. Repay: an approval alone does not repay
7. Read back: the mined transaction is checked and your position is refreshed
Before switch 1, the desk does the math in the open. 100 NVDAc is about $23,481 (oracle price times the token-to-share multiplier, on two separate clocks). A 70% factor makes a 16,438 USDC theoretical limit, caps and liquidity shrink it to real room, and choosing half lands at about 8,219 USDC. That costs 6.58 USDC a month at 0.96%, starts at health 2.00, and a simplified 50% price fall takes health to 1.
$PLEDGE lives on Robinhood Chain. The loans run on Base. Holding $PLEDGE is not collateral, not a fee entitlement and not loan eligibility.
Built on Aave V4 data. If their value falls too far, Aave can sell your tokens. The loan still needs to be repaid. Illustrative walkthrough of the shipped UI, nothing signed or sent. Eligible users outside the US only.
@aave @PledgeDesk @ponsdotfamily @coinbase
CA:0xbCeFDAB9Ea24a16ca6F993A36f74Da17c63B8C3A
Trade only the contract posted from this account.