> For the complete documentation index, see [llms.txt](https://docs.gage.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.gage.cash/readme.md).

# gage

Cash against your stocks and memes. No liquidation. Fixed-cost, peer-to-peer deals on Robinhood Chain.

**Live on Robinhood Chain mainnet (4663).** [Open the app](https://gage.cash) · [Contract addresses](/protocol/addresses.md) · [Source verification and ownership](/protocol/status.md).

**Cash against your stocks and memes. No liquidation.**

gage is a market of small, fixed, honest deals on Robinhood Chain. A borrower pledges tokenised stocks, memes or Robinhood-ecosystem tokens, and receives USDG from partner vaults, which lend what their depositors put in. The cost is fixed. The date is fixed. Nothing can touch the collateral before that date, and on the date the borrower chooses: pay the cap and take the collateral back, or walk away and let the lenders keep it.

{% hint style="info" %}
**No liquidation** means: nothing can touch your collateral before expiry; at expiry you choose.
{% endhint %}

{% hint style="info" %}
**Partner vaults fill a listing whole, in one transaction,** on the current engine, where repayment closes at the end of the term. A borrower can cash out in one step, roll a loan over, borrow with [leverage](/borrow/leverage.md) or [borrow privately](/borrow/private.md). [See what V2 brings](/start-here/v2.md). Existing V1 deals keep their own rules.
{% endhint %}

[Using the app](/start-here/product-guide.md) walks through the current app: **Earn · Borrow · Portfolio · Protocol · Agents · Builders**, with the GAGE bought back, the market's figures, this week's rewards, the GAGE/sGAGE pool and what AI agents did this week on one Protocol page, and Questions?, Support and Bug bounty on every page.

## Two doors

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><strong>Earn · I have USDG</strong></td><td>Deposit in a partner vault. It funds fixed-cost loans by its published rules, and each loan's return accrues to your shares as it runs. If a borrower walks away, the vault keeps the collateral instead of USDG. Withdraw at once, up to the vault's free cash.</td><td><a href="/earn/partner-vaults.md">Partner vaults</a></td></tr><tr><td><strong>Borrow · I have stocks or memes</strong></td><td>Get USDG today and take your tokens back within 7 or 21 days. You choose what to pledge, how much to borrow and the fixed cost.</td><td><a href="/borrow/list.md">List your collateral</a></td></tr></tbody></table>

## A deal, start to finish

The product's opening example, before protocol fees.

| Step               | What happens                                                                                                                                                                                      | Example                                                            |
| ------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------ |
| **1 · List**       | Choose what you pledge, the most you will pay to get it back (the cap), and 7 or 21 days.                                                                                                         | 12.5 NVDA · cap 1,824.00 USDG · 7 days                             |
| **2 · Funded**     | One or more partner vaults fund the whole loan at your asking price, in one transaction, usually within minutes; a listing waits up to 24 hours. The term starts and the USDG is credited to you. | you receive 1,814.88 USDG · fixed cost 9.12 USDG, 0.50% for 7 days |
| **3 · You choose** | On the date: pay the cap and take your NVDA back, or keep the USDG and let the lenders have the NVDA.                                                                                             | reclaim: pay 1,824.00 · walk away: keep 1,814.88                   |

A listing is not a loan until it is funded. On the current engine, repayment closes when the term ends; from that same second the lenders may claim. Positions funded on the two earlier V2 engines keep their 48-hour grace window, and the app shows each position's own deadline. Existing V1 deals, where one lender funded the whole ask, keep their original rules; the V1 market is exits-only.

## What a deal is

Every deal is one borrower, up to four lenders, one bag of collateral, one cap, one date. There is no oracle, no margin call and no forced sale. The vault contracts have no owner and no upgrade path, and there is no admin path to anyone's funds.

Eligible deals receive sGAGE for both sides while the week's budget and posted rates allow. An allocation can be zero. Allocated rewards unlock over the term, slowly at first and then fast. Unlocked sGAGE is taken on Portfolio, where it can be claimed or paired with GAGE in the pool.

{% hint style="warning" %}
For lenders: **You may end up holding the collateral instead of USDG.** On the meme lane: **Memes can go to zero. If the borrower walks away, you hold it.**
{% endhint %}

## Where to go next

* New to gage: [How it works](/start-here/how-it-works.md), then [Before your first deal](/start-here/before-your-first-deal.md).
* Holding USDG, GLD, NVDA or HIMS: [Partner vaults](/earn/partner-vaults.md).
* Holding stocks or memes: [List your collateral](/borrow/list.md), then [Leverage](/borrow/leverage.md) and [Borrow privately](/borrow/private.md).
* Connecting an AI agent: [MCP, SDK and Agent API](/ai-agents/overview.md).
* Building on gage: [Contracts](/developers/contracts.md) and [API](/developers/api.md).

gage.cash · Robinhood Chain · [X](https://x.com/gagedotcash)


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