Read the Fine Print

Stonkbankers is a peer-to-peer lending marketplace. A borrower locks collateral and posts an offer: how much USDG they want and for how long. A lender reads the offer and decides whether to fund it. If they do, they fund all of it.

There is no pool. There are no shares. Your capital is not spread across a book of loans by an algorithm — it backs exactly the one loan you chose.

• No liquidity pools or interest-bearing receipt tokens
• No variable rates and no utilization curve
• No health factor, margin call, or price-based liquidation
• No partial funding and no multiple lenders per loan
• No term extension, refinancing or renegotiation after funding
• No per-second interest accrual

Two classes are accepted. Tokenized RWA assets — think tokenized AAPL, NVDA, TSLA — can be borrowed against up to 80% of their market value. Approved Stonkbroker PFP NFTs can be borrowed against up to 70% of the collection floor.

You can always ask for less than the maximum, and usually should: the maximum is a ceiling, not a recommendation.

Collateral physically leaves your wallet when you post an offer. The same asset cannot back two loans at once, because the protocol is holding it.

Each term has one rate, set when the offer is created and never changed. It does not accrue with time. A 10-day loan owes the full 0.85% whether you repay one hour or nine days in — repaying early does not save you anything.

On a successful repayment, the lender receives 100% of the principal plus 90% of the interest. Stonkbankers keeps the other 10%.

Posting an offer starts nothing. The loan clock begins at the exact moment a lender funds it — an offer can sit on the board for a week and the borrower will still get their full term.

After the term ends, every loan gets a six-hour grace period. During grace you can still repay normally: no late fee, no extra interest, no penalty. When the grace period expires, the loan defaults.

After the deadline the borrower can no longer repay and can no longer recover the collateral. The lender may claim it.

For tokenized RWA, 99% of the token quantity goes to the lender and 1% to the Stonkbankers treasury. That 1% is taken from the actual tokens — 100 NVDA becomes 99 and 1 — never recalculated as a dollar amount.

For an NFT, 100% goes to the lender. The protocol takes no share of the collateral at all.

A defaulted loan pays no interest, so the protocol earns no interest share on one either.

The maximum LTV is checked at exactly one moment: when a lender funds the offer. The contract reads the current price and validates the LTV in the same transaction that moves the money, so a stale listing price cannot be exploited.

After that, the collateral price is irrelevant to the agreement. If it halves, nothing happens. If it doubles, nothing happens. There is no keeper watching your position and no function anyone can call to close it early. The lender took that risk knowingly, and the interest is what they are paid for it.

Every state-changing action costs a flat protocol fee of 0.001 ETH. This is a protocol fee, not network gas — your wallet will quote gas separately, on top.