What is Zona?

Choose what you want to do

Start with your goal. The two sides use the same pool, but they require different assets and carry different risks.

Borrow USDG in five steps

1. 1
   Prepare your wallet. Open the app and approve its request to switch to Robinhood Chain. Fund the wallet with ETH for gas and keep some aside for later transactions.
2. 2
   Open the Zona app and choose one supported stock or ETF token. This will be the asset behind your loan. Check the supported assets, then open app.zona.finance/lend.
3. 3
   Supply the token, then enable it as collateral. These are separate wallet transactions. Zona positions use one isolated equity collateral at a time. Follow the supply walkthrough.
4. 4
   Borrow USDG while borrowing is open. Review the projected health factor, choose an amount with room for the collateral price to fall and confirm the transaction. The borrow walkthrough explains every check.
5. 5
   Manage the position until it is closed. Watch your health factor and variable borrow rate. If risk rises, repay USDG or add collateral. Repay the debt before withdrawing all collateral.

Earn on USDG in three steps

1. 1
   Prepare USDG and ETH for gas. Switch your wallet to Robinhood Chain and leave enough ETH for both the supply and a later withdrawal.
2. 2
   Supply USDG to the pool. Open the Zona app, select USDG, approve it if prompted and confirm Supply. You receive an interest-bearing zUSDG receipt in your wallet.
3. 3
   Track the variable APY and available liquidity. Your return comes from borrower interest and changes with pool use. You can request a withdrawal whenever you choose, provided enough USDG is available in the pool. See the withdrawal guide.

What happens when the market is closed?

Borrowing hours and price availability are separate. Use these three rules when deciding what action you can take.

New borrowing usually runs from Sunday at 8:00pm to Friday at 8:00pm ET, including overnight hours. Holidays, early closes, clock changes and safety restrictions can shorten that window. A stock can also lose borrowing power separately while other eligible stocks remain available. Check the app before borrowing and read Prices & Market Hours.

What you can use

Stock and ETF tokens are collateral only. USDG is the only borrowable asset and the asset that suppliers provide to fund loans.

Collateral

Supply one tokenized equity to unlock borrowing power.

7 assets

• SPCXSpaceX
• METAMeta Platforms
• NVDANVIDIA
• AAPLApple
• QQQInvesco QQQ
• SPYSPDR S&P 500 ETF
• SGOViShares 0-3 Month Treasury Bond ETF

Borrow

The market has one borrowable asset.

Supply + borrow

USDGGlobal Dollar

USDG does not count as collateral, so supplying it does not increase borrowing power.

Keep these rules in view

• One equity collateral at a time. Each stock and ETF reserve is isolated, so enabling a different one requires changing the collateral used by the position.
• Debt grows until you repay it. Borrow interest accrues continuously, including outside market hours, and the rate can change with pool use.
• Withdrawals depend on the position and the pool. Borrowers need enough health after a withdrawal; USDG suppliers need enough available liquidity.

Open the next page for your goal