Fletch
Robinhood Chain
Current floor · USDG per FLETCH (sim)
1.0858
▲ Only moves up
$4,182,440Reserve
3,852,100Supply
~7%Reserve APY
99%Max LTV
You receive0.0000 FLETCH
Mint fee 2.5% → reserve1 FLETCH = 1.0858 USDG

Borrow

99% LTV
You receive0.00 USDG
Interest up front → reserve0.0000 USDG

Loop leverage

Mint → borrow → re-mint. Each loop stacks exposure at 99% LTV, minus the 2.5% mint fee. Executes as a sequence of wallet transactions (~2 per loop).

4.55×Effective leverage
455FLETCH exposure
450USDG borrowed