Sixpence is a DeFi lending protocol that provides on-chain yield and liquidity for tokenized Real World Assets (RWAs). It enables users to supply tokenized assets as collateral to earn supply APY or borrow against them for leverage, bringing traditional finance assets like US stocks, ETFs, bonds, and commodities into decentralized borrowing and lending.
The platform supports a range of tokenized RWAs, including major US stocks (e.g., TSLAon, NVDAon, GOOGLon, MSTRon), ETFs (e.g., SPYon, QQQon, IVVon), bonds (e.g., TLTon, AGGon), commodities (e.g., IAUon for precious metals), and stablecoins/crypto (USDC, USDT, WETH). Users deposit these into lending pools to earn yields from borrowers, while borrowers access liquidity up to asset-specific Loan-to-Value (LTV) limits—typically 60% for stocks, 70% for ETFs, 80% for bonds and WETH, and similar for others.
Interest rates are market-driven: supply APY can reach +10-22% on stable assets in examples, while borrow APY varies widely (often higher for volatile assets, e.g., 26%+ on some stocks, or lower/negative in balanced markets).
