Deposit tokenized shares — AAPL, NVDA, TSLA, SPY — as collateral and draw stablecoins up to 60% of their live value. Keep your upside. Settle any time. Priced by Chainlink oracles on Robinhood Chain.
Connect your wallet and lock tokenized shares as collateral. They stay yours — you keep any price upside while they back your loan.
Borrow USDC or USDG up to 60% of live collateral value. The rate is variable and shown in full before you confirm the transaction.
Pay back part or all at any time to lift your health factor or release collateral. Add more tokens whenever you want a bigger buffer.
The SIXTY Prime Vault is gated to $SIXTY holders during the current access phase. Your connected wallet doesn't meet the minimum holding requirement.
Pre-launch — live metrics populate once the vault is deployed. *Target rate at the 85% utilization kink; actual rate is variable.
Enter the Stock Tokens you'd deposit. SIXTY calculates your borrowing power at 60% LTV in real time, shows the variable rate before you confirm, and never lets you draw past the safe line.
Drag the market drawdown slider to stress-test your position. As your collateral falls, LTV climbs toward the 75% liquidation threshold — and the alert tiers light up the way they would in your wallet.
SIXTY is a lending protocol on Robinhood Chain that lets holders of tokenized equities ("Stock Tokens") borrow stablecoins against them without selling.
Depositors lock Stock Tokens — for example AAPL, NVDA, TSLA or SPY — into a collateral vault and draw USDC or USDG against them at up to 60% loan-to-value. The position stays open as long as its LTV remains below the 75% liquidation threshold. Collateral is priced continuously by Chainlink oracle feeds, and every parameter of a loan — the rate, the liquidation point, the health factor — is visible before a borrower confirms anything.
The protocol earns revenue by charging a variable APR on every outstanding loan. That interest revenue is what powers the $SIXTY token's buyback-and-burn mechanism, described in the token section below.
Loan-to-value (LTV) is the ratio of your debt to your collateral's current market value:
LTV = borrowed amount ÷ collateral value × 100
SIXTY enforces two lines. The borrow cap at 60% LTV is the most you can ever draw at origination. The liquidation threshold at 75% LTV is where the protocol begins selling collateral to repay the debt. The 15-point gap between them is your buffer against market moves.
Deposit 50 NVDA tokens at $178.30 → collateral value $8,915. Maximum draw is 60% → $5,349 USDC. If you borrow the full amount, your position liquidates when collateral falls to $5,349 ÷ 0.75 = $7,132 — a drop of about 20%. Borrowing less than the maximum widens that buffer: draw $3,000 instead and collateral would need to fall roughly 55% before liquidation.
The health factor summarizes this in one number: HF = (collateral × 0.75) ÷ debt. Above 1.00 the position is safe; at 1.00 it is liquidatable. The dashboard shows it live and recolors as it approaches the line.
SIXTY charges a variable APR on all outstanding loans. Interest accrues continuously (per second) on the borrowed balance and is added to your debt. There are no origination fees, no repayment penalties, and no fixed terms — the APR is the protocol's only charge to borrowers.
The rate is utilization-based, the standard model in on-chain lending: as more of the stablecoin liquidity pool is borrowed, the APR rises to attract repayments and new liquidity; as utilization falls, the rate falls with it. The rate you see at confirmation is the current rate, and it can move while your loan is open.
| Pool utilization | Indicative APR |
|---|---|
| 0 – 50% | 3.0% → 6.2% |
| 50 – 85% (target band) | 6.2% → 9.5% |
| 85 – 100% | 9.5% → 28% |
Accrued interest counts toward your debt, which means interest alone can push a stagnant position toward liquidation over time. The dashboard's health factor always includes accrued interest.
Where does the interest go? It is the protocol's revenue, and its distribution is fixed by policy — the majority funds the $SIXTY buyback-and-burn program described below.
When a position's LTV reaches 75% (health factor 1.00), it becomes eligible for liquidation. Third-party liquidators repay a portion of the debt and receive collateral in exchange at a discount — the liquidation penalty of 6%, paid from the borrower's collateral. Liquidations are partial where possible: the engine sells only enough collateral to bring the position back to a 65% LTV, rather than closing it entirely.
Because Stock Tokens track equities, sharp moves cluster around market events — earnings, macro prints, market opens. The alert system exists for exactly this: borrowers can enable push and email warnings that fire at 50%, 65% and 72% LTV. Alerts are best-effort notifications, not a guarantee; in a fast market a position can pass through all three tiers and liquidate in minutes.
Collateral is valued using Chainlink price feeds on Robinhood Chain. Each supported Stock Token has a dedicated feed aggregating prices from multiple sources. The protocol reads the feed at every interaction (borrow, repay, withdraw) and the liquidation engine monitors it continuously.
Two oracle nuances matter for equity-backed lending specifically. First, underlying markets close: tokenized stocks trade 24/7 on-chain but the reference equity does not, so weekend and overnight prices can gap at market open. Second, feed heartbeats and deviation thresholds mean on-chain prices update on change, not per-tick — during extreme volatility the effective price can briefly lag. Both are reasons the 15-point buffer between borrow cap and liquidation threshold is deliberately wide.
$SIXTY is the protocol's native token. Its value accrual is tied directly to protocol revenue: interest paid by borrowers funds an ongoing buyback-and-burn of the token.
$SIXTY serves three functions in the protocol:
Fee discounts. Borrowers who stake $SIXTY receive a discount on their loan APR — up to 20% off at the highest staking tier. The discount applies to the rate, not the principal, and adjusts automatically as staking balances change.
Governance. Staked $SIXTY votes on protocol parameters: LTV caps per asset, liquidation thresholds and penalties, the interest-rate curve, supported collateral listings, and the revenue split itself. Parameter changes execute through a timelock so borrowers always see changes before they take effect.
Safety module. Stakers may opt into the safety module, a backstop pool that absorbs shortfalls if a liquidation cascade leaves bad debt. Safety-module stakers earn a share of protocol revenue in exchange for taking first-loss risk — their stake can be slashed in a shortfall event.
The profit from loan interest is used to buy $SIXTY on the open market and permanently destroy it.
Every loan on SIXTY pays the variable APR. That interest is collected by the protocol treasury and split by a fixed, on-chain policy:
0x…dEaD), permanently removing them from the supply. Every burn transaction is public and verifiable on the Robinhood Chain explorer.The intent of the design is straightforward: protocol usage generates interest, interest funds burns, and burns reduce the token supply over time. Because $SIXTY has a fixed maximum supply and no inflation, all burns are net-deflationary.
$SIXTY has a fixed maximum supply of 100,000,000 tokens. No inflation, no minting function. The planned allocation:
| Allocation | Share | Terms |
|---|---|---|
| Community & liquidity incentives | 40% | Emitted over 4 years to borrowers, LPs and safety-module stakers |
| Treasury | 20% | Governance-controlled, timelocked |
| Core contributors | 20% | 4-year vest, 1-year cliff |
| Early backers | 15% | 3-year vest, 6-month cliff |
| Launch airdrop | 5% | To early protocol users at TGE |
Circulating supply grows on the emissions schedule and shrinks with every burn; the burn dashboard nets the two into a live effective-supply figure.
Market risk. Equities gap. A position that is healthy at Friday's close can open Monday inside the liquidation band. The buffer between 60% and 75% LTV absorbs ordinary volatility, not tail events.
Collateral structure risk. Stock Tokens are tokenized debt instruments that track share prices — they are not the shares themselves. Holders have no voting rights and no direct claim on the underlying equity, and the tokens carry issuer and custodial risk on top of market risk.
Rate risk. The APR is variable. A spike in utilization raises your accrual rate, which raises your debt, which raises your LTV — a second-order path to liquidation that surprises borrowers who only watch prices.
Oracle risk. Feed lag, deviation thresholds, and closed underlying markets can make the on-chain price briefly diverge from fair value in either direction.
Smart-contract risk. Bugs, exploits, and upgrade failures can result in total loss. Audits reduce but never eliminate this risk.
Stablecoin risk. A de-peg of USDC or USDG changes the real value of both debts and the buyback flow.
Token risk. $SIXTY may lose some or all of its value. Burns depend on borrowing demand and do not create a price floor.
No insurance. Nothing in the protocol is FDIC or SIPC insured. The safety module is a mutualized backstop, not a guarantee.
Equities are more volatile than the fiat-backed stablecoins being borrowed, and their underlying markets close overnight and on weekends. 60% leaves a deliberate 15-point buffer to the 75% liquidation threshold — wide enough to absorb typical overnight gaps without immediately liquidating conservative borrowers.
Price upside, yes — the collateral is still yours and its appreciation improves your health factor. Distributions depend on the Stock Token issuer's design; where the token accrues dividend value, that accrual counts toward your collateral value.
Any time, in part or in full, with no penalty. Interest accrues per second, so repaying early simply stops the clock.
Nothing — the revenue split happens after interest is collected and has no effect on loan terms. Borrower economics are set only by the rate curve and your staking discount.
No. The token is optional; staking it reduces your APR but borrowing is open to anyone.
SIXTY is pre-launch. No lending contracts are deployed, the $SIXTY token is not yet live, and nothing on this site is an offer to lend, borrow, or sell any asset or security. Figures shown are preview values, and contracts are published for review while unaudited.
Nothing in these documents is financial, legal, or tax advice. Lending against tokenized securities, operating a lending protocol, and issuing a token whose value is linked to protocol revenue each raise significant regulatory questions — including securities, money-transmission, and consumer-credit law — that vary by jurisdiction and require qualified counsel before any real deployment.
This area is for protocol operators. In production this console is a separate, authenticated application behind server-side access control and multisig-gated actions — never shipped inside the public client. Enter a preview operator session to explore the interface.
| Borrower | Collateral | Value | Debt | LTV | Health | Status |
|---|
| Request | Address | Amount | Flag reason | Age | Action |
|---|
Mocks.sol, which is test-only and must never touch mainnet. Everything here is an unaudited scaffold — links are for review, not a signal that anything is production-ready or deployed.