The Harbor
Native USDG & mUSDG
Moorix settles in native USDG on Robinhood Chain, and mints the vault's LP token instantly there.
Status
Pre-launch — Moorix is not live yet. Parameters are illustrative and tunable at launch.
Native USDG rails
Moorix settles in USDG. On Robinhood Chain it is native, so there is no bridge token and no wrapped asset between you and your margin. USDG from other chains arrives through the Doors.
USDG is also the gas token: gas is paid in USDG, drawn from your margin, on every chain.
Instant mUSDG minting
mUSDG is the vault's LP token. On the Harbor, depositing USDG mints mUSDG instantly. mUSDG earns fees, risk premium and funding while the vault runs flat. See The vault.
mUSDG is also collateral, at a 95% haircut. See Collateral & haircuts.