We’re excited to announce that Spout has raised a $2m strategic round from
@DraperDragon,
@Anchorage,
@FlowTraders,
@Taisu_Ventures,
@VesselVC,
@solayer_labs,
@2SquareCapital and
@Bering_Waters, with strategic backing from
@solanalabs
Borrowing against your own stock doesn’t have to cost interest.
Post tokenized US equities as collateral. Borrow USDC at a flat 50% LTV. Pay 0% interest for as long as you hold the loan.
The lender is paid out of covered call premium written weekly against that collateral, not out of a rate the borrower pays. That is the whole trick.