Robinhood Chain NFT Loans: How to Borrow and Lend

TL;DR

• Borrow against a supported Robinhood Chain NFT without selling it, or publish lending offers against collections you understand.
• Loans have fixed 7- or 14-day terms. There is no price-based liquidation, but missing the repayment deadline lets the lender claim your NFT.
• Check the collection’s loan currency, total repayment, fees, and deadline before signing. Keep ETH on Robinhood Chain for gas.
• Lenders earn interest when borrowers repay. If a borrower defaults, the NFT you receive may be worth less than the amount you lent.

Liquidium.WTF is live on Robinhood Chain in Open Beta. You can borrow against a supported NFT without listing it for sale, or lend to other holders and earn interest when they repay.

Robinhood Chain NFT loans give you access to funds while your NFT is locked as collateral. Repay on time to get it back; miss the deadline and the lender can claim it. If you’re attached to that JPEG, have your repayment plan ready before you borrow.

How do Robinhood Chain NFT loans work?

Liquidium.WTF uses a peer-to-peer lending model. Lenders publish offers against supported collections. NFT holders choose an available offer, lock their collateral in the loan contract, and receive the funds.

Each offer shows the principal, interest, and duration before you sign. The current terms are 7 or 14 days, with no price-based liquidation of active loans. A falling floor won’t close your loan, but the repayment deadline still applies.

Borrowers get short-term liquidity without selling up front. Lenders choose the collections they’ll accept as collateral and the amount they’re willing to lend.

Before you start: wallet, network, and loan currency

Open the Robinhood Chain app and use a wallet that supports the network. For borrowing, connect the wallet holding your eligible NFT. For lending, use the wallet holding your loan funds. Keep ETH on Robinhood Chain for gas, including approvals and repayment.

The supported loan currencies are WETH and USDG, where enabled for the collection. Check the collection’s assigned currency; you don’t get to choose either asset for every NFT.

Loans described as “ETH” loans settle in WETH, or wrapped ETH. You receive WETH and repay in WETH. The app lets you wrap ETH or unwrap WETH one-to-one in a separate transaction. Leave some native ETH for gas instead of wrapping your entire balance.

Your funds and collateral need to be on the correct network. An ETH balance on another chain won’t pay Robinhood Chain transaction fees.

How much can you borrow against your NFT?

Your borrowing amount depends on the available lender offers for your collection. Two numbers help you compare them:

• Floor price: the lowest listed asking price in a collection. It’s a reference point, not a guaranteed sale price for your NFT.
• Loan-to-value ratio (LTV): the principal divided by the collateral value used for the quote, expressed as a percentage.

For example, a 0.1 WETH loan against a collection floor of 0.2 ETH has a 50% LTV. That ratio describes the loan’s size relative to the floor; it doesn’t measure your ability to repay.

Liquidium’s app limit caps principal at 98% of the live collection floor. Lenders can offer less, and you can only borrow against an offer that’s available to accept. A higher limit doesn’t guarantee more funding.

How to borrow against NFTs on Robinhood Chain

1. Choose your collection. On Borrow, find your supported collection and compare its available offers and terms.
2. Select your collateral. Pick the NFT you want to pledge.
3. Check the full quote. Review principal, LTV, interest, and duration. Open Details to see the activation fee, amount you receive, total repayment, and deadline.
4. Approve and confirm. Complete the collateral approval if prompted, confirm the borrowing transaction, and wait for the loan to start. Check it in Portfolio.

Before signing, work out where the repayment funds will come from. Selling something later at a hoped-for price can leave you short when the loan is due. The borrowing walkthrough covers the wallet prompts.

How NFT lending on Robinhood Chain works

1. Open Lend and choose a collection you understand.
2. Set your offer. Enter the principal, select a term, and set the maximum LTV and offer expiry. Review the displayed rate and projected earnings.
3. Check the breakdown. Confirm the interest, protocol fee, total return, and any network costs.
4. Sign and publish. Follow any wrapping or token-approval prompts, then publish the offer with your wallet signature.

Publishing an offer does not reserve your funds. Keep the required loan currency and spending allowance available: the contract pulls the principal when a borrower starts the loan.

Offer expiry determines how long someone can accept your offer. The loan term determines their repayment window after acceptance. An unfilled offer earns no loan interest. You can manage offers and loans in Portfolio; the lending guide covers the controls.

NFT loan fees: a worked example

The borrower activation fee is 0.75% of principal, deducted from the payout. After repayment, the protocol takes 30% of the generated interest; the lender keeps 70%.

Assume a hypothetical 7-day loan with 0.1 WETH principal and 0.00177 WETH agreed interest. That’s 1.77% gross interest over seven days, equivalent to 92.29% APR. The interest is an illustrative input, not a current rate quote. Gas is excluded.

• Principal supplied by lender: 0.1 WETH.
• Borrower activation fee: 0.00075 WETH (0.1 × 0.75%).
• Borrower receives: 0.09925 WETH (0.1 − 0.00075).
• Borrower repays: 0.10177 WETH (0.1 + 0.00177 in interest).
• Borrower’s cost above funds received: 0.00252 WETH (0.10177 − 0.09925).
• Protocol share of interest: 0.000531 WETH (0.00177 × 30%).
• Lender’s interest after protocol fee: 0.001239 WETH (0.00177 − 0.000531).
• Lender receives after repayment: 0.101239 WETH (0.1 + 0.001239).

The borrower needs more than the original payout to repay. The lender earns less than the gross interest shown. Both should account for their gas costs.

Here, the lender earns 1.239% over just seven days after the protocol fee, equivalent to 64.61% APR using a 365-day year without compounding.

Repayment, default, and lender risk

To repay a loan, open it in Portfolio and check the total owed and deadline. Keep enough of the loan currency and ETH for gas, then complete repayment with time for on-chain confirmation. The interest is always due in full, no matter when you repay.

There is no grace period. Once an unpaid loan expires, the borrower can no longer repay and the lender can claim the NFT from Portfolio. The borrower keeps the borrowed funds and loses the collateral.

For lenders, the NFT may be worth less than the principal you supplied. You may also struggle to find a buyer. Being bullish on a collection doesn’t make every loan against it a good deal; choose your principal with the default outcome in mind.

Which NFT collections are supported?

Check the live Robinhood Chain market for supported collections, loan currencies, and available offers. An NFT being on Robinhood Chain doesn’t automatically make it eligible. Confirm its collection and terms before planning a loan.

Borrow against your NFT or make a lending offer

Borrowers: Compare available offers for your NFT. Check what you’ll receive, what you’ll owe, and when it’s due.

Lenders: Choose a collection and create an offer. Review the earnings after fees and the collateral you’d receive on default.

FAQs

Can I repay early and pay less interest?

Early repayment is allowed, but you still owe the full agreed term’s interest. There’s no interest discount for returning the funds sooner.

Can I sell my NFT while it’s collateral?

The NFT is locked in the loan contract during the loan. To recover it for a sale, you need to repay on time. Borrowing means giving up access to that collateral while the loan is active.

Do I need to own an NFT to lend?

No. You provide the collection’s loan currency, and the borrower supplies the NFT. You should still understand the collection because you may receive its collateral after default.

Is this a Robinhood brokerage loan?

No. Liquidium.WTF is an independent application on Robinhood Chain, with no affiliation or endorsement from Robinhood Markets, Inc. These loans use supported NFTs as collateral.