> ## Documentation Index
> Fetch the complete documentation index at: https://docs.denar.markets/llms.txt
> Use this file to discover all available pages before exploring further.

# Frequently asked questions

> Common questions about lending, borrowing, weekends, corporate actions, and safety on Denar.

<Frame>
  <img src="https://mintcdn.com/denar-markets/r1YfjCE9xXDXLpBL/images/header-denar.png?fit=max&auto=format&n=r1YfjCE9xXDXLpBL&q=85&s=e531c8c78c38b9b0e048e9c502dcff25" alt="Denar — the money market for tokenized stocks" width="1500" height="500" data-path="images/header-denar.png" />
</Frame>

<AccordionGroup>
  <Accordion title="Can I use Denar on weekends?">
    Mostly yes. Lender deposits and withdrawals work 24/7 — they never touch the price oracles. Repaying debt and adding collateral also always work. Borrowing and withdrawing collateral keep working against the **last traded price** (typically Friday's close); they only pause if an oracle guard trips. See [Oracles & market hours](/protocol/oracles) for the full matrix.
  </Accordion>

  <Accordion title="Why can I only borrow USDG, not other assets?">
    Every Denar market pairs one collateral asset with USDG as the loan asset. A single borrowable asset keeps each market simple to reason about, keeps liquidity concentrated, and matches the natural use case: unlocking dollars from an asset you would rather keep.
  </Accordion>

  <Accordion title="What happens to my collateral during a stock split or dividend?">
    Nothing bad — this is one of Denar's core design points. Corporate actions are folded into the token via its multiplier mechanism, and Chainlink feeds already include it. While an action is processed, the market pauses rather than misprice. The protocol has already sailed through a live dividend (AAPL, August 2026) without intervention. Details on [Corporate actions](/protocol/corporate-actions).
  </Accordion>

  <Accordion title="Is PONS lending the same as stock lending?">
    No — the mechanism differs in almost every layer above the lending core. PONS has no Chainlink feed, so it is priced by a 5-minute Uniswap time-weighted average; it settles on the canonical Morpho deployment rather than Denar's own; and it sits in a **separate vault**, so lending against stocks never exposes you to it. It also trades 24/7, so nothing about weekends or corporate actions applies. The LLTV is far lower (38.5%) and the supply cap, not the LLTV, is the primary risk control. Full detail on [On-chain-native markets](/protocol/onchain-markets).
  </Accordion>

  <Accordion title="Why is my maximum borrow lower than the LLTV suggests?">
    Two reasons. First, borrowing exactly to the liquidation threshold means any dust of price movement liquidates you — the app nudges you below it. Second, a market can only lend out USDG that lenders have supplied: if "Available to borrow" is lower than your headroom, liquidity is the constraint.
  </Accordion>

  <Accordion title="Who can liquidate positions?">
    Anyone. Liquidations on Denar are fully permissionless, exactly like the major crypto money markets. Denar runs its own liquidation bot for reliability, but it has no privilege — it competes on speed with everyone else. See [Liquidations](/use/liquidations).
  </Accordion>

  <Accordion title="Is the yield real? Where does it come from?">
    Yield comes exclusively from interest paid by borrowers. When nobody borrows, lenders earn \~0% — the app shows the real **supply APR** (borrow rate × utilization × fee share), not a headline number. No emissions, no points, no rebasing tricks.
  </Accordion>

  <Accordion title="Can the Denar team take my funds?">
    No, by construction. The lending core is immutable with no pause button or backdoor; the vault is ERC-4626 non-custodial and can only allocate to whitelisted markets behind caps and a timelock. What the admin *can* do — and its hard limits — is spelled out on [Governance & admin powers](/protocol/governance).
  </Accordion>

  <Accordion title="Is Denar affiliated with Robinhood?">
    No. Denar is an independent protocol built on Robinhood Chain. Stock tokens and their price feeds are issued and operated by their respective providers.
  </Accordion>

  <Accordion title="Where can I read the code?">
    Every deployed contract is verified on [Blockscout](https://robinhoodchain.blockscout.com): you can read the full source of each one directly on the explorer and confirm it matches the bytecode running on-chain. Addresses live on the [Contracts](/reference/contracts) page.
  </Accordion>
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