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Florin is officially a Liquity Friendly Fork.
We’re bringing @LiquityProtocol V2 to tokenized stocks on Robinhood Chain.
• Borrow against SPY, keep every share
• Set your own interest rate
• Earn in the Stability Pool
More stocks as collateral, USDG borrowing and mainnet are next.
Florin October recap
- Launched on @RobinhoodCrypto Chain Testnet
- Became a @LiquityProtocol Friendly Fork
- Passed $1M of SPY deposited on testnet
- Borrowing USDG against SPY is coming soon
On to November.
There’s now $162M of Stock Tokens on @RobinhoodCrypto Chain, across 195 stocks and ETFs.
The five biggest
1. SPY, $19.7M
2. NVIDIA, $18.8M
3. SpaceX, $13.8M
4. Circle, $10.4M
5. Alphabet, $7.9M
SPY is already collateral on Florin testnet. More coming.
How does FUSD stay at $1?
There’s no company holding dollars in a bank. Two mechanisms do the work, both onchain.
🧵
2. The Stability Pool
When a position falls below 110% collateral, the Stability Pool steps in. Its FUSD repays the debt, and depositors receive the position’s SPY at a discount.
Risky loans are closed before they can go bad, so FUSD stays backed by more than $1 of SPY.
Depositors are paid for doing this job. The Stability Pool earns from the interest borrowers pay, plus the collateral from liquidations.
A dollar backed by the S&P 500, held at $1 by code.
Try it on testnet at florin.so
$1M of SPY deposited on Florin testnet.
A big milestone for us, and for what Stock Tokens can do on Robinhood Chain.
Mainnet soon.
$SPY is just the start.
What should Florin accept as collateral next?
43%NVIDIA (NVDA)
29%SpaceX (SPCX)
0%Circle (CRCL)
29%Gold (GLD)
7 votes • Final results Florin retweeted
Still time to Florin it ✨
Explore @FlorinProtocol on Robinhood Chain Testnet and compete for $500 USDC.
→ Try out Florin on Robinhood Testnet
→ Follow Florin and Superboard
PS: Mint the Campaign Pass (optional) to boost your raffle chances
Join the campaign → superboard.xyz/campaigns/exp…
Our mission is to accelerate the adoption of tokenized equities and ETFs on Robinhood Chain.
We’re building FUSD, a Robinhood Chain-native stablecoin backed by Stock Tokens. Mint it against your shares at a rate you set, without selling them.
So the rate becomes a trade-off you control.
Want a cheap loan and don’t mind being redeemed? Go low.
Want to keep every share? Pay a bit more and sit further back.
Florin shows the average rate and your redemption risk as you set it.
And what if you’d rather not pay a rate at all?
We’re exploring a 0% option. Instead of interest, you’d give up some of your upside above a set price, and Florin would sell covered calls on it.
More on that soon. Try it on testnet today: florin.so/
Florin retweeted
another one ❗️
a flavor of Liquity V2 in @FlorinProtocol will be coming to Robinhood Chain 🟢
- borrow against SPY and tokenized stocks
- loop your SPY exposure 👀
- earn with FUSD through the Stability Pool
soon™ 🟩
Florin is officially a Liquity Friendly Fork.
We’re bringing @LiquityProtocol V2 to tokenized stocks on Robinhood Chain.
• Borrow against SPY, keep every share
• Set your own interest rate
• Earn in the Stability Pool
More stocks as collateral, USDG borrowing and mainnet are next.
Florin is live on Robinhood Chain testnet.
Grab free testnet SPY from the faucet, mint FUSD against it, and deposit it in the Stability Pool to earn.
Try it at florin.so/











