What is Own

Own is building an ecosystem for productive money, on Robinhood Chain. Its main product is eUSD: a decentralized stablecoin you mint against tokenized stocks, ETFs and ETH, keeping all the upside on your collateral.

$MONEY is the protocol token: stake it for a fixed APR, and its trading fees buy it back and fund the treasury. OwnX, Experiments by Own, is where the protocol tries new products first: Curated Funds, eTokens (tokenized stocks), liquidity vaults and borrowing.

Everything runs permissionlessly on Robinhood Chain (chainId 4663). All contracts are open source and verified onchain.

eUSD in one paragraph

eUSD is an overcollateralized stablecoin. You deposit any of 15 collaterals, from SPY and QQQ to WETH, NVDA and MSTR, and mint eUSD at a 150% to 200% minimum collateral ratio depending on the asset's risk group. Any holder can redeem 1 eUSD for exactly $1.00 of collateral at the oracle price, which hard-floors the peg. The stability fee is 8% a year, and minters who provide eUSD liquidity on Fables earn about 5.5% of it back. Staked eUSD earns a fixed 16% APR. The design follows Liquity, whose mechanism has kept LUSD solvent since 2021, adapted for stock collateral with prices around the clock.

Start with the eUSD overview.

OwnX in one paragraph

OwnX is Experiments by Own. Curated Funds are programmable ETFs for the onchain economy, curated by traders: one token for a whole basket, redeemable at NAV. eTokens are tokenized stocks backed by a two-layer, code-governed portfolio, with liquidity vaults and borrowing built around them. OwnX surfaces move faster than eUSD and carry their own risks.

Where to go next