$BOW 3.86m dyor 0x451b42a15100c340ca12f7c66de06fac5ea2d751 okx wallet: A lending and credit layer protocol on RH Chain, built on top of Morpho Blue—a heavily audited, immutable lending base layer. Each market is isolated, with pricing powered by Chainlink or Uniswap TWAP. It allows users to collateralize on-chain assets such as stock tokens, memes, RWA, NFTs, and more, to borrow the stablecoin USDG—while still retaining ownership of those assets. Many people who bring stock tokens on-chain want liquidity but don't want to sell their positions. Longbow solves exactly this problem: "holding assets but needing liquidity and wanting leverage." The token primarily captures protocol revenue, forming a flywheel: Staking: earn a share of real protocol revenue. Holding benefits: borrowing rebates, deposit acceleration. Buyback and burn: 25% of protocol lending fees are used to buy BOW from the market and burn it. Trading fees also flow back to the treasury and the vault. Fee distribution roughly: 35% to treasury, 30% injected into the USDG vault, 25% buyback and burn, 10% to stakers. Most of the token's own trading fees also flow back to the vault.
Evidence timeline
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$BOW 3.86m dyor 0x451b42a15100c340ca12f7c66de06fac5ea2d751 okx wallet: A lending and credit layer protocol on RH Chain, built on top of Morpho Blue—a heavily audited, immutable lending base layer. Each market is isolated, with pricing powered by Chainlink or Uniswap TWAP. It allows users to collateralize on-chain assets such as stock tokens, memes, RWA, NFTs, and more, to borrow the stablecoin USDG—while still retaining ownership of those assets. Many people who bring stock tokens on-chain want liquidity but don't want to sell their positions. Longbow solves exactly this problem: "holding assets but needing liquidity and wanting leverage." The token primarily captures protocol revenue, forming a flywheel: Staking: earn a share of real protocol revenue. Holding benefits: borrowing rebates, deposit acceleration. Buyback and burn: 25% of protocol lending fees are used to buy BOW from the market and burn it. Trading fees also flow back to the treasury and the vault. Fee distribution roughly: 35% to treasury, 30% injected into the USDG vault, 25% buyback and burn, 10% to stakers. Most of the token's own trading fees also flow back to the vault.