Vela
Stock-collateralized credit lines on Robinhood Chain.
Borrow USDG without selling your stocks.
Live on Robinhood Chain Testnet
The Problem
cash is expensive.
You realise capital gains
A taxable event for every dollar of liquidity you need. Especially painful for long-term holders.
You exit the rally
Selling now means missing the next earnings beat, the next product launch, the next short squeeze.
You pay the spread
Brokerage fees, slippage and bid-ask cost real money on every full-cycle exit-and-rebuy.
TradFi has solved this — onchain hasn't
$700B in securities-based lending exists at Morgan Stanley, Schwab and Goldman. None of it on chain.
The Solution
$50T equity market.
Deposit tokenized TSLA, AMZN, AMD, PLTR or NFLX. Borrow USDG up to your per-asset capacity. An agent watches the position. Repay any time. Never sell a share.
Who It's For
they don't want to sell.
Tens of millions of retail investors already hold equities — and securities-based lending is the #1 retail ask. Vela opens it to everyone, onchain.
Long-term holders
Need cash but refuse to sell — and trigger capital gains or exit the position.
Active traders
Want dry powder and leverage without unwinding their book.
Crypto-native users
Want tokenized equities to work as collateral like any other DeFi asset.
Wallets & brokerages
Embed a credit line in a few calls — we power the rails, they keep the user.
Business Model
Reserve factor
10%
Of every USDG interest payment. Routed to the protocol treasury.
Revenue streams
Reserve factor on every borrow. Scales with utilisation.
Partner fee split for wallets / brokerages embedding Vela.
Helmsman risk-monitoring as a service for institutional treasuries.
Vision