RIPE/USDG
Ripe Protocol is an onchain credit protocol for borrowing against tokenized assets, with tokenized stocks as its primary focus. Users deposit collateral and borrow GREEN, an overcollateralized stablecoin pegged to the US dollar. GREEN is minted against the user's collateral when they borrow and burned when they repay. There is no lender on the other side of a loan, so borrowing settles in seconds without a bank, a credit check, or a sale of the underlying position. Ripe is live on Base and Robinhood Chain. Tokenized stocks, including SpaceX, Nvidia, Tesla, Apple, Google, and GameStop, serve as collateral priced by Chainlink equity feeds, alongside crypto assets, stablecoins, and yield-bearing positions. The protocol brings a practice long used by wealthy investors, borrowing against a portfolio instead of selling it, to anyone holding tokenized stock: deposit the shares, borrow dollars against them, and keep both the position and its upside. Everything a user deposits backs a single loan, with borrowing terms set per asset. The protocol is open source and has been audited by ChainSecurity and Anatomist.
Score | 35 |
|---|---|
24h Vol | $0 |
Liquidity | $0 |
Holders | 844 |
Audits | |
Age | 13 days |
FDV | $4.2M |
Market Cap | $20.8M |
RIPE to USDG Converter
Score | 35 |
|---|---|
24h Vol | $0 |
Liquidity | $0 |
Holders | 844 |
Audits | |
Age | 13 days |
FDV | $4.2M |
Market Cap | $20.8M |
About Ripe DAO Governance Token (RIPE)
Ripe Protocol is an onchain credit protocol for borrowing against tokenized assets, with tokenized stocks as its primary focus. Users deposit collateral and borrow GREEN, an overcollateralized stablecoin pegged to the US dollar. GREEN is minted against the user's collateral when they borrow and burned when they repay. There is no lender on the other side of a loan, so borrowing settles in seconds without a bank, a credit check, or a sale of the underlying position. Ripe is live on Base and Robinhood Chain. Tokenized stocks, including SpaceX, Nvidia, Tesla, Apple, Google, and GameStop, serve as collateral priced by Chainlink equity feeds, alongside crypto assets, stablecoins, and yield-bearing positions. The protocol brings a practice long used by wealthy investors, borrowing against a portfolio instead of selling it, to anyone holding tokenized stock: deposit the shares, borrow dollars against them, and keep both the position and its upside. Everything a user deposits backs a single loan, with borrowing terms set per asset. The protocol is open source and has been audited by ChainSecurity and Anatomist.
Other Pools Trading Ripe DAO Governance Token (RIPE)
RIPE/USDG Price Stats
The current price of RIPE (RIPE/USDG) on Uniswap V4 (Robinhood) is $13.95, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. RIPE/USDG contract address is 0xc5eb588f3fcdf44e6b02ea2ee7285675d66b4086db7f447f8d1479ab778201bb, with a Fully Diluted Valuation (FDV) of $6.07M and a liquidity pool of $0.00.
