@ripe_dao

Ripe Protocol is a lending protocol on Robinhood Chain that allows users to borrow GREEN stablecoin against tokenized stocks (SpaceX, Nvidia, Tesla, etc.) as collateral.

The team previously ran Genesis Block, a $100M crypto bank through the 2022 crash.

The protocol went live in 2025, has been audited by ChainSecurity and Anatomist, and uses Chainlink price feeds.

Real borrowing activity is occurring with >$100k in loans and sGREEN yields crossing 5%.

Green flags: Novel use case: tokenized stock collateral on Robinhood Chain is differentiated from typical DeFi lending · Team has prior track record running $100M Genesis Block through 2022 crash · Two independent audits (ChainSecurity, Anatomist) with public GitHub · Live product with real traction: $100k+ loans, 5%+ yields, working liquidations tested · Notable backers/advisors: GSR, Wintermute, Luke Youngblood (Moonwell), partnerships with Origin, Ethena

Red flags: Account is 2.5 years old (created Aug 2022), slightly beyond typical 'very early' timeframe · Robinhood Chain dependency creates centralization/regulatory risk for tokenized stock collateral · Low follower count (2.8k) but tweet engagement is modest (~32 avg), suggesting limited viral growth · Unclear how tokenized stocks maintain peg/legitimacy in crypto-native context