Lend & Borrow

Put your tokens to work without selling them. Supply REISA to earn interest, or borrow REISA against the tokens you hold.

Markets run on Morpho Blue. Reisa adds a price feed for each launched token.

Supply and earn#

1. Open Lend and pick a market.
2. Supply REISA.
3. Interest accrues every second, paid by borrowers.

Withdraw your REISA and interest whenever you like. The rate adjusts with demand: the more of a market is borrowed, the higher the rate lenders earn. Reisa takes no fee on interest.

Borrow against your tokens#

1. Pick the market of a token you hold.
2. Deposit it as collateral.
3. Borrow REISA, up to the market's limit.

You keep your exposure to your token and get REISA to trade, farm or provide liquidity. Repay any time, in part or in full, and take your collateral back.

Each market has a maximum loan-to-value, 38.5 % or 62.5 %. At 62.5 %, collateral worth $1,000 supports up to $625 of debt. Borrowing well below the limit keeps your position comfortable.

Health and liquidation#

Your position is healthy while your debt stays under your collateral's value times the market's limit. The app shows how close you are.

If your collateral's price falls and your debt passes that line, anyone can repay part of your debt and receive some of your collateral, with a bonus:

To stay healthy, add collateral or repay some debt when the price moves against you.

Fair prices#

Each token's price comes from 30-minute averages of its pools on the Reisa DEX, weighted by their depth. A single large trade barely moves it. Anyone can refresh a price, and the app does it for you before any action that needs a fresh one.

New markets#

Any launched token can get a market once it has proven itself on the DEX. The app offers Open a market when the token:

• graduated at least 7 days ago;
• holds at least $50,000 of liquidity across its pools;
• trades close to its 30-minute average price.

Create the token's price feed from its lending page, then open the market in one click.