What is Vela?

Vela is a stock-collateralized credit protocol built on Robinhood Chain. You deposit tokenized equities — TSLA, AMZN, AMD, PLTR, NFLX — and borrow USDG against them without selling a share.

An off-chain risk agent we call the Helmsman continuously monitors every open position, pre-warns users long before a margin call, and triggers protective unwinds only when necessary. Revenue comes from the same model Aave proved at scale: an interest-rate spread plus a small reserve factor on every USDG borrow — sustainable from day one, no token emissions required.

Quick start