Don’t sell your bag. Borrow against it.
USDC now for a fixed cost and a fixed date, against BONK, WIF, FARTCOIN and 31 more. Nothing reads the price until the date, so nothing gets liquidated. Six steps, about a minute.
- 01
Pick your bag
BONK, WIF, FARTCOIN, POPCAT, PENGU, MOODENG and the rest of the 12 memes, the Solana majors, or tokenized stocks. Memes borrow up to 50% of their value, the Solana majors 65%, stocks 80%. Then type how much of it to pledge.
- 02
Pick how much
Slide to borrow less than the most. The card opens on what Still House can fund at once, so the loan lands in the same minute.
- 03
Pick a date
7 or 21 days. The cost is fixed up front, suggested from the bag’s own volatility over the last weeks. You can set your own; Still House funds it if it meets its floor.
- 04
See every number, then sign once
What you get now, the fee, what you pay to take the bag back and the last moment you can. One signature lists the loan; Still House funds what fits its rules within seconds. Loan #2 was funded 6 seconds after it was listed.
- 05
Then nothing can touch it
Your bag sits in the loan’s own escrow. No price feed is read, so there is no line a wick can cross: no liquidation, no margin call, no top-up. This week 20 of 34 bags fell far enough to liquidate a loan that reads the price.
- 06
On the date, you choose
Repay the cap any time before the date and the bag comes back in the same transaction. Or keep the USDC and let the lender take the bag. You owe nothing more either way.
What happens on the date
Same loan as above: 9,500,000 BONK, worth $29.70 when it was listed. You got 14.28 USDC and owe 14.56 to take it back.
The bag comes back worth about $59. You kept every bit of the run and had the USDC all week.
The bag comes back. The week cost you 0.28 USDC, the fee and the fixed cost, and nothing else.
The bag is worth less than the cap, so walk away: the lender keeps the BONK and you owe nothing more.
The one way to lose the bag is to miss the date. Hold 1,000,000 $STILL when you list and the fee is 0.5% instead of 1%; half of every fee buys $STILL and burns it.
Borrow against your bag → The trench board · How it works, in full
Why the date, and not the price
This month, a loan every 4 hours against the 12 memes Still takes, from a lender that reads the price: it sold 697 of 2,172 bags within 7 days, on a 15.4% dip. 460 of those were back above the sale by day 7. On Still, none of them could be sold before the date.