PawnHow it works
Everything here is enforced by one BSC program. No admin, no pause button, no withdraw.
BSC pays a creator fee on every $PAWN trade. Through BSC's fee sharing, 50% of those fees are routed to the lending pool, permanently. The other 50% goes to the team.
Anyone holding $PAWN can borrow from that pool. You lock your coins in an escrow only the program controls and the BNB is sent to you in the same transaction. Pay back the loan plus 0.1% per day started, any time within 30 days, and your coins come back in the same transaction.
There are no liquidations. A price crash, a wick or a bad candle can never take your coins early. The only deadline is day 30. If you don't repay by then, anyone can close the loan and your locked coins are burned. You keep the BNB.
Why nobody can pump the price for a bigger loan
A loan is priced at the lowest of the live pool price, a slow average that moves about 3% of the gap per minute, and the last 8 readings taken at least 30 seconds apart. On top of that, your coins are valued at what they would actually sell for in one go, minus 3%. Pumping the price inside your own transaction changes none of the stored readings.
Why the pool can't be drained
One loan can take at most 5% of the pool. No more than 10% of the pool can be lent per hour, and lending stops at 80% lent out. If the pool ever holds more BNB than the coin's own trading pool, those limits follow the trading pool instead, so lending never outruns what the market can absorb. The rent the pool needs to exist is never lent.
What an unpaid loan means
If a loan isn't repaid, the pool has effectively bought those coins at no more than 40% of their value and burned them. Interest from repaid loans goes back into the pool.
The program has no withdraw instruction. Borrowing is the only way BNB moves out, and only against locked coins.
BSC's fee sharing for the coin routes 50% to the pool address. Check it on the coin's BSC page.
Repay never reads a price or the pool, so nothing outside the program can block it before the deadline.
Sweeping fees in, price readings and burning expired loans are open to anyone. Our bot does them every 30 seconds.
The dev holds the upgrade key while the program is new, so bugs can be fixed. It will be burned once it has run clean for a while. This status updates live.
- Loan size
- up to 40% of value
- Term
- 30 days
- Interest
- 0.1% per day started
- Largest loan
- 5% of the pool*
- Hourly lending
- 10% of the pool*
- Max lent out
- 80% of the pool
- Minimum loan
- 0.01 BNB
- Program
- BSC_CONTRACT_PENDING
- Coin
- BSC…PAWN
* or of the BNB in the coin's trading pool, whichever is smaller.