If XRP or FLR falls so far that selling a loan's collateral does not cover it, the loss buffer pays first and lenders take the rest through the pool's share price. Loans lend at most half the collateral's value, and a defaulted loan is never sold below 85% of the oracle price.

Only idle USD₮0 can leave the pool at once. Lent dollars come back as loans are repaid, within 7 to 90 days. The pool never lends more than 80% of what it holds.

A fee joins the pool's value gradually over 7 days, and someone depositing today does not buy into fees that are still arriving. So if you leave soon after joining, the last days of fees stay with the lenders who remain.

Lodestar's contracts cannot be upgraded and were audited by Pashov Audit Group (read the report). No audit makes code risk zero. Prices come from Flare's FTSO oracle.

A 3-of-5 Safe sets the terms for new loans, such as fees, limits and new collateral. Open loans keep the terms they were opened with. This app never holds your funds: every action is a transaction you sign.

Lodestar never sells your collateral because the price moved. It only acts after the due date and the grace period have passed without repayment. A sudden drop on day 3 changes nothing.

The fee is the whole cost of the loan. It is taken from the dollars you receive, so you repay exactly what was lent. 70% goes to lenders and 30% to the loss buffer.

XRP holders can open a loan with XRPL payments from Xaman or any XRPL wallet, without an EVM wallet or FLR for gas. That flow is in v1, the classic app. Borrow from XRPL

Multiply buys more FXRP with the loan and locks that too, up to four legs in one transaction, every one an ordinary loan with no liquidation price. Open Multiply

Multiply buys more of the same collateral with the loan and locks that too, up to four legs in one transaction, for FXRP, stXRP and sFLR, every one an ordinary loan with no liquidation price. Open Multiply

Multiply holds more FXRP than you put in, so a price move counts more either way. If XRP falls, you lose more than you would just holding your FXRP, and the fees are paid whichever way it goes.

Multiply holds more than you put in, so a price move counts more either way. If the price falls, you lose more than you would just holding, and the fees are paid whichever way it goes.

Each leg pays the term's flat fee on what it borrows, taken from the loan when it opens. The buys, and the sales when you close, also pay SparkDEX's pool fee and move its price a little.

Each leg pays the term's flat fee on what it borrows, taken from the loan when it opens. The buys, and the sales when you close, also pay the exchanges' own pool fees and move their prices a little.

No leg is ever sold because the price moved. Before the deadline you close the whole position, repay or extend a leg, or let it run out.

Close repays the legs, last one first. The FXRP each repaid leg frees is sold on SparkDEX to pay the next, so you only bring what the sales do not cover, and the FXRP you put in comes back to your wallet. The most it can cost is shown before you sign.

Close repays the legs, last one first. What each repaid leg frees is sold through Felynx to pay the next, so you only bring what the sales do not cover, and what you put in comes back to your wallet. The most it can take from your wallet is shown before you sign. stXRP is always sold through the exchanges, because a Firelight redemption takes 11 to 41 days.

If you do nothing, after the grace period each leg's FXRP is sold to repay it. You keep the USD₮0 you were sent and never owe more. Anything left after the debt and the penalty is yours to claim in Portfolio.

The buys go through one SparkDEX pool per collateral, fixed in the Loop contract. FXRP's pool is deep. stXRP's holds about $1,500, too thin to buy into within the tolerance, and sFLR has none. stXRP and sFLR can still be borrowed against on the Borrow tab.

Every buy and every sale goes through Felynx, FlareCat's swap router, which splits it across Flare's exchanges for the best price it finds. The route is quoted just before you sign. The chain refuses the whole transaction if a buy fills worse than your tolerance, or more than 3% under the oracle price. stXRP can also be minted by depositing FXRP into Firelight, and the page takes whichever gives more stXRP.

LodestarLoop has no owner and cannot be upgraded. It opens a loop account for you, the borrower of record of every leg, which only your wallet can use. It was written after the audit by Pashov Audit Group, which covered the pool, the loan book and the oracle, so it is not part of that report. Every leg it opens is an ordinary loan in the audited book. View the contract

LodestarMultiply has no owner and cannot be upgraded. It opens a Multiply account for you, the borrower of record of every leg, which only your wallet can use. It was written after the audit by Pashov Audit Group, which covered the pool, the loan book and the oracle, so it is not part of that report. Every leg it opens is an ordinary loan in the audited book. View the contract