Blog
Notes from the Corpus build: what the protocol does, what it does not do yet, and the reasoning behind every parameter we shipped.
Selling collateral to raise cash looks free because the cost is not a fee. Comparing a sale with a zero-interest loan on the same position, with the numbers on both sides and no pretence that one is strictly better.
Read postSelf-repayment is a direction, not a speed, and not a shield. An honest account of what Corpus's mechanism does not fix — including arithmetic on how long a loan would actually take to clear.
Read postThe chain runs all week; the stock market does not. What Corpus does between Friday's close and Monday's open, why a three-day weekend behaves differently, and what to do before you log off on Friday.
Read postCorpus trusts a price for 80 hours. After that it refuses to borrow, to let you withdraw against debt, or to liquidate anyone — while deposits, repayments and harvests keep working. Why the line is drawn there.
Read postCorpus is live on Robinhood Chain. Nine markets, zero interest, no maturity — and, for now, no yield at all. Here is what that means and why we shipped it anyway.
Read post50/60 on single stocks, 60/70 on QQQ and SPY, 40/50 on TSLA. Where those numbers come from, what each one buys you, and why the headline LTV is the least interesting part.
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