“Holders pledge tokens and borrow SOL against them. Nothing is deposited: the pledged tokens stay in the holder's own wallet and the token itself refuses to sell or send them until they are released. Loans come from the token's own treasury, which fills with about 1% of every trade. There are no liquidations and no deadline: an unpaid loan just keeps its tokens frozen. Loans are sized from the SOL really in the pool, so nobody can borrow back more than they paid in. Pair it with a tokenized stock, a metal or another coin and holders borrow that instead. Trades carry a 2.25% fee (3% when paired), and it trades on any DEX.”