Looking to lock-in your stablecoin yield for fixed term or hedge your ETH or BTC with guaranteed terms? PWN lets upgrade yield your upgrade your variable rate from other lending pools agains BTC or ETH discounted convertible notes, up to 90-day loans - no guesswork.

Ready to lock in your rates? Start Hedging Now

For Lenders:

• Upgrade your yield: Either keep earning variable interest from AAVE, Morpho, Compound, or Euler, or lock in a fixed-rate upside for a set duration. No opportunity cost - you always get the better deal.

• If the borrower doesn’t repay, you can claim the entire BTC or ETH collateral at a 30% discount from loan creation price. There’s no DeFi-style liquidation: if the loan defaults, you seize the full collateral, you own the full delta.

• Want out early? You can sell your note at any time on secondary markets. No lock-ins, just flexibility.

For Borrowers:

• Hedge your BTC or ETH against short-term market swings. Borrow stablecoins at 70% LTV for up to 90 days, with a guaranteed fixed rate. Repay any time.

• No stress about sudden price drops triggering liquidations. Your collateral is only at risk if you don’t repay by the end of the term.

Lock fixed-rate in <2 Minutes => Borrow stables against all forms of BTC or ETH

Why Hedge Notes?

• Fixed rates and clear terms - no surprises.

• Only BTC and ETH. Simple, secure, and focused.

• Full control: choose your risk, choose your exit.

• No hassle - keep earning variable yield until the loans are locked-in.

• No fees - borrowers pay interest directly to lenders.

Take charge of your DeFi rates. Hedge smarter => Try it out at app.pwn.xyz

*all protocol audits are fully public: audits.pwn.xyz