SHIPYARD / MONEY

Margin Buddy

A friend backed guard that tops up your margin by rule when liquidation gets close, for a fee you agreed.

Tolu trades perps; her cousin keeps a reserve in Margin Buddy. When Tolu's position gets within five percent of liquidation, the reserve adds margin and Tolu owes a small fee back.

Built for

The jobs it does

Trade smarter and saferProtect myself onchain
Blueprint

How the vessel is built

Mission

Let the people who already trust each other catch each other in a wick, with rules both sides can read and a cap the backer controls.

The need

Perp traders get liquidated in short wicks while they sleep, often minutes before price comes back. Friends and family who would gladly lend a few hundred dollars of USDC are never awake at the right moment, and an open ended promise to help puts their money at unclear risk.

What it will never do

  • Never send the backer's money anywhere except the trader's margin account.
  • Never exceed the nightly cap or change a rule without both signatures.
  • Never open, close or change the trader's position.
  • Never present fees as expected income or the rope as a guarantee against loss.
Same berth

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