Cash with no liquidation · BNB Chain
Cash for now.
Your choice later.
Pawn is an on-chain pawn shop. Put up tokenised stocks, borrow USDT at a cost you set, for a date you set. Nothing can touch your collateral before that date. On that date, you choose.
An example · 7 days
10 NVDAB
Collateral worth ≈ 2,260 USDT
You receive
1,787.94 USDT
Pay to reclaim
1,824.00 USDT
Asking price 1,806 · cap 1,824. Fixed cost 36.06 USDT for 7 days: 18.00 to the lender (1.0%), 18.06 protocol fee (1%). Walk away and the lender keeps the 10 NVDAB.
Open listings
0
Funded deals
0
Volume lent
0 USDT
Fees earned
0 USDT
Treasury BNB
—
Flap tax
Treasury USDT
—
deal fees pulled
Reward pool
—
after launch
Week budget left
—
after launch
01
Pledge
Pick a stock token, set the most you will pay to get it back (the cap), and 1, 7 or 21 days.
02
Get funded
A lender pays your asking price. USDT lands in your balance at once, minus a 1% fee.
03
Decide at expiry
Pay the cap and take your tokens back, or keep the USDT and let the lender have them.
Supported collateral
Binance bStocks. Nothing else.
Allowlist only, verified on-chain. No memes, no unknown tokens, no wash-volume farming.
For borrowers
Keep your upside. Reclaim any time before expiry + 48h grace at the same cap. Cancel a listing any time before it is funded.
For lenders
Earn a fixed amount if the borrower reclaims. If they walk away, the collateral is yours at the price you funded. You may end up holding stock instead of USDT.
Rewards
Both sides of every funded deal earn PAWN, dripping out over the term. Trading tax on PAWN and the 1% deal fee flow to the treasury that funds the pool.