$PLEDGE is a stock-token loan desk that reads Aave
CA:0xbCeFDAB9Ea24a16ca6F993A36f74Da17c63B8C3A
V4 on Base live. Here is what happens under the hood:
• Reads the on-chain share multiplier for each stock token (NVDAc is at 1.0005 right now)
• Converts your token balance into underlying shares
• Applies the collateral factor (NVDAc is at 70%)
• Prices it against the oracle
• Checks the live USDC borrow rate (0.96% right now)
• Shows your borrow limit, your cost per month and your sell point before you borrow anything
Seven Coinbase stock tokens are supported: AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc.
New fact: the dev has burned 36,046,572 $PLEDGE across 11 burns. That is 3.60% of the 1B supply, and every burn can be checked on the Robinhood Chain explorer.
The desk only reads data and never moves funds. The Borrow button opens the official Aave app.
If their value falls too far, Aave can sell your tokens. The loan still needs to be repaid.
Built on Aave V4 data.
Trade only the contract posted from this account.
@aave @PledgeDesk @ponsdotfamily