what's Ripe Protocol?
Ripe Protocol is a decentralized lending platform designed to maximize capital efficiency by allowing users to collateralize their entire portfolio—including ETH, stablecoins, NFTs, tokenized stocks, and yield-bearing positions—against a single loan denominated in its native stablecoin, GREEN. This unified collateral approach eliminates the need for multiple isolated debt positions, enabling borrowers to access liquidity while maintaining exposure to their assets' upside. Lenders earn yield by supplying assets to mint GREEN, with the protocol integrating yields from external DeFi positions like Aave aTokens or Compound cTokens directly into collateral value.
Platform offers 3-figure APY for staking with equal borrowing limits for all users regardless of wallet size.
contract
base
Launched LESS, a long-form generative art project built on top of a recursive Strategy token from token_works, deployed on Ethereum.
Distribution #5 completes with 7.8M tokens transferred to a random address, NFT edition 5/64 minted to kudzu.eth, and auction #6 starts.
A new auction closes in two days, with the winner triggering distribution of another 7.8M tokens to a random address and updating the artwork with the recipient's zorb. Current auction bid stands at approximately $2.
ripe0x and producedbydav present Intimate Systems Part 1 in mathcastles Think Tank.
Auction for distribution #4 settles at 105k $ripe, triggering the distribution of 7.8M tokens and minting of edition with zorb #4 artwork update.
Distribution #4 awaits execution once threshold of 7,812,500 is reached, with auction winner able to trigger 7.8M token distribution to a randomly determined address.
Believe Fund provides 1.8M $ZORA in support to creators including $ripe this week.
$ripe serves as liquidity pool connector for multiple projects and coins in an 8-month-old interconnected ecosystem.
Third distribution window closes in one day, with auction winner unlocking 7.8M token distribution to random address and onchain art evolution.
Distribution #2 launches in 2 weeks; current bid 11k tokens vs 1M token requirement.
Auction winner triggers first 7.8M token distribution under new burn mechanism.
New burn mechanism requires 1M tokens to trigger 7.8M token distribution to random address.
New token burn mechanism launches with 7.8M token burn and proof-of-burn NFT minting system.
New Earn Autopilot and Swaps features launched through Hightop_HQ integration, expanding protocol functionality beyond borrowing.
Platform offers 3-figure APY for staking with equal borrowing limits for all users regardless of wallet size.
Major crypto trader "The Orca" announces exclusive support for the protocol this market cycle.
Protocol launches on Base network
Token price surges from $0.20 to $50+ with documented whale accumulation of $119K+ position.
Protocol advertises 96,000% APY but delivers only ~54% actual yield, while implementing 80% penalty for unstaking before 24-hour lockup period.