BORROW

Put a stock token up as collateral and borrow USDG from the Morpho market straight into the shielded pool. The position is public; where the money goes is not.

NVDA positionprice $…
collateral—worth—debt—LTV · cap 50 % · liquidated at 58 %—liquidation price—your wallet—available on Morpho…
Deposit NVDA

Opens or grows your public position.

Borrow USDG

A multiple of 10, up to 50 % LTV, drawn from the Morpho NVDA/USDG market at its rate. It goes into the pool at the next hourly round, as notes only you can spend.

Repay

From this wallet here, or from any fresh address: anyone can repay your debt.

Withdraw collateral

Allowed while the position stays under 50 % LTV.

Liquidations

A position past 58 % can be cleared by anyone: repay part of its debt and take its NVDA at the oracle price plus 4 %.

Stock tokens are not available to US persons. The USDG comes from the Morpho NVDA/USDG market, priced by its own oracle; Meryal liquidates at 58 %, before Morpho's 62.5 %. Unaudited beta: use small amounts.