PACTRA IN ONE MINUTE

Trade and credit in one place.

Pactra is a market on Robinhood Chain. You can trade Stock Tokens with USDG, borrow against a position, or fund a loan and earn fixed interest.

The simple version

Buy a Stock Token, keep it in your wallet, or lock it in a smart contract to request a loan. A lender can fund that request. Repay on time and the collateral returns to you.

How trading works

  1. Find a market.Compare Stock Token prices, charts, packs, and news.
  2. Build the order.Choose buy or sell and enter the amount. Pactra shows a clear estimate.
  3. Check the route.Pactra asks for a current route on Robinhood Chain and shows the result before signing.
  4. Confirm in your wallet.Your wallet controls the approval and final transaction. Pactra cannot move funds by itself.
Open the trading screen

How borrowing works

  1. Pick your collateral.Choose a supported Robinhood Stock Token such as AAPL, NVDA, or SPY.
  2. Set the loan.Enter how much USDG you want, the interest rate, and how long you need it.
  3. Lock the Stock Tokens.Your wallet sends the collateral to the Pactra contract. Pactra cannot use it for anything else.
  4. Wait for funding.A lender reviews the request and sends USDG directly through the contract.
  5. Repay and unlock.Pay the principal and interest before the deadline. Your collateral returns to your wallet.
Build a loan request

How lending works

You choose each loan. Pactra does not hide requests inside a pool. Before funding, you see:

  • The Stock Token and amount held as collateral.
  • The amount the borrower wants.
  • The fixed interest rate and due date.
  • The starting loan-to-value ratio.
  • The price at which the loan can be liquidated.

Once funded, the terms do not change. If the borrower repays, your USDG and interest go to your wallet.

What liquidation means

Stock Token prices move. If the collateral no longer covers the loan by the required safety margin, the lender can claim it. This is called liquidation.

EXAMPLE

A borrower locks $10,000 of Stock Tokens and borrows $6,000. The starting LTV is 60%. If the price falls far enough to cross that market’s liquidation limit, the collateral can be sent to the lender.

Pactra shows the liquidation price before the borrower creates the request. Borrowers can repay early to avoid further price risk.

About Robinhood Stock Tokens

Stock Tokens are ERC-20 tokens issued by Robinhood Assets (Jersey) Limited. They give economic exposure to a stock or ETF. They are not direct ownership of the underlying share.

Pactra reads canonical token addresses from Robinhood and uses supported Chainlink price feeds for collateral checks.

Read Robinhood’s Stock Token documentation

What the contract does

The lending contract has a short job list:

  • Hold collateral while a loan request is open or funded.
  • Send the lender’s USDG to the borrower.
  • Send repayment and interest to the lender.
  • Return collateral after repayment.
  • Apply the same liquidation rule to every position.

It does not set loan rates or take custody of a connected wallet.

Risks to understand

  • Price risk: Stock Tokens can fall in value.
  • Liquidation risk: A borrower can lose collateral if a loan becomes unsafe or overdue.
  • Smart contract risk: Contract code can contain bugs. Use caps and audits before accepting meaningful deposits.
  • Issuer risk: Stock Tokens depend on their issuer and are not the underlying shares.
  • Stablecoin risk: USDG may not always trade at exactly one US dollar.
  • Legal restrictions: Stock Tokens are not available to all people or in all countries.
Pactra is software, not financial advice. Check the terms and risks yourself before using it.