Borrowers deposit tokenized stocks and borrow GREEN, a dollar stablecoin, paying origination fees and interest. Those fees and interest raise the value of sGREEN, which depositors of GREEN hold. Liquidation and keeper fees apply when a position is liquidated.

Ripe Protocol is a lending protocol on Robinhood Chain where users borrow the GREEN stablecoin against tokenized stocks.

RIPE tokenholders govern the protocol by locking RIPE for voting power, up to 3x. Onchain voting is not yet live.