Arrow Finance, a DeFi protocol in the Robinhood ecosystem, said it has completed its final security review with Sherlock and will launch its mainnet on Aug. 31. At launch, the protocol will support 16 collateral markets spanning stablecoins, WETH, tokenized stocks and indexes. Initial maximum loan-to-value ratios will range from 75% to 90%, with most non-stablecoin collateral starting in the 75% to 80% band. The combined initial borrowing cap for aUSD across all markets is about $1.6 million, and the team said those parameters may change based on usage. Arrow Finance also said tokenized stock and index collateral will only be available during regular U.S. trading hours on weekdays from 9:30 a.m. to 4:00 p.m. Eastern Time so oracles can price those assets. That time restriction will not apply to WETH or stablecoin collateral.
Arrow Finance, a DeFi protocol in the Robinhood ecosystem, said it has completed its final security review with Sherlock and will launch its mainnet on Aug. 31.
At launch, the protocol will support 16 collateral markets, including stablecoins, WETH, tokenized stocks and indexes.
Mainnet launch parameters
According to the project, initial maximum loan-to-value ratios will range from 75% to 90%. Most non-stablecoin collateral will start in the 75% to 80% range.
The combined initial borrowing cap for aUSD across all markets is about $1.6 million. Those parameters may be adjusted based on usage.
Trading-hour limits for tokenized stock and index collateral
Arrow Finance said collateral backed by tokenized stocks and indexes will only be available during regular U.S. trading hours, defined as 9:30 a.m. to 4:00 p.m. Eastern Time on weekdays, so that oracles can price those assets.
That restriction does not apply to WETH or stablecoin collateral.
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