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Hold RWT or stRWT and borrow against it without selling. Borrowing runs on an external RWT / stRWT lending market built on Omnipair, an oracle-free GAMM (generalized AMM) where the pool itself prices collateral and debt.
Open the RWT / stRWT market on Omnipair
Deposit collateral and borrow in the live lending market
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How to borrow

1

Open the market

Open the RWT / stRWT market on Omnipair and connect your wallet.
2

Deposit collateral

Supply RWT or stRWT as collateral.
3

Borrow

Draw the paired token up to your borrow limit (collateral value times the max LTV).
4

Manage and repay

Watch your health factor and repay the borrowed amount plus accrued interest at any time.
5

Withdraw

Once the debt is cleared, withdraw your collateral.

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Key terms

Borrow limit

The most you can borrow now: collateral value times the max borrow LTV.

Max borrow LTV

The highest loan-to-value allowed when opening or increasing a loan.

Liquidation LTV

The LTV at which the position becomes liquidatable.

Health factor

Headroom before liquidation. Above 1 is safe; at 1 liquidation can occur.

Liquidation price

The collateral price at which the health factor reaches 1.

Swap fee

0.25% on swaps routed through the pool.

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Looping strategy

Looping is a common DeFi strategy that uses borrowing to amplify a position. You deposit collateral, borrow against it, convert the borrowed asset back into more collateral, and repeat. Each loop increases your exposure (and yield) on the same starting capital, at the cost of higher liquidation risk. A natural loop here amplifies staking yield:
1

Stake and deposit

Stake RWT into stRWT and deposit the stRWT as collateral.
2

Borrow RWT

Borrow RWT against the stRWT, staying well under the max LTV.
3

Re-stake

Stake the borrowed RWT into more stRWT and deposit it as well.
4

Repeat

Loop again to compound the exposure.
Each loop puts more stRWT to work earning the staking reward share on borrowed capital, so the effective yield on your initial deposit is multiplied. This is profitable while the staking yield stays above the borrow interest rate. The trade-off is more debt and a tighter health factor, so the position is more sensitive to rate and price moves. Loop conservatively and keep a buffer.

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Liquidation

If your health factor falls to 1 (your LTV reaches the liquidation LTV), the collateral can be liquidated to repay the debt. Watch the liquidation price, keep a buffer, and repay or add collateral before it is reached. Interest accrues on the debt over time, which lowers the health factor even if prices do not move.

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Pool parameters

The RWT / stRWT pool is an Omnipair GAMM. These parameters define the borrowing conditions.
  • Oracle-free pricing. The pool prices collateral and debt from its own reserves, with no external oracle. There is nothing to feed a wrong price and no oracle to fail.
  • EMA half-life: 120 minutes. Instead of the raw spot price, the pool uses an exponential moving average (EMA) of its price. The half-life is how long it takes for a price change to be half absorbed into that average. At 120 minutes the price reacts gradually, so a sudden swing or a flash manipulation barely moves the value used for borrowing and liquidation. Longer half-life means smoother and more manipulation-resistant pricing, at the cost of reacting more slowly to genuine moves.
  • Dynamic (AUTO) LTV. The max borrow LTV and liquidation LTV are set automatically by the protocol from live pool conditions, rather than fixed numbers.
  • Target utilization: 30 to 50 percent. The interest-rate model aims to keep borrowing utilization inside this band. Below it, borrow rates stay low to encourage borrowing; above it, rates climb to attract repayment and fresh liquidity.
  • Variable interest rate. The borrow rate is set by the rate model and moves with utilization. Interest accrues to your debt continuously.
  • Swap fee: 0.25%. Charged on swaps routed through the pool.
Both RWT and stRWT can be used as collateral and borrowed against each other.