Self-Repaying
Loans.

Deposit Pendle principal tokens. Receive a liquid token plus a Sablier stream of your fixed yield. Sell the stream, or borrow against it and let it pay your debt down block by block. Fixed obligations. No liquidations. No health factors.

APP — COMING SOON
System Architecture
 [PT DEPOSIT] --> [OVRFLO TOKEN]
                      |
                      v
                [SABLIER STREAM]
                      |
                [OVRFLO LENDING]
                      |
             +--------+--------+
             |                 |
        [BORROWER]          [LENDER]
             |                 |
       (Self-Repaying)   (Yield Capture)
The OVRFLO Cycle
01 / TOKENIZE

Deposit PT, unlock the discount

Deposit a Pendle principal token and mint ovrfloToken 1:1 against its face value. The fixed discount you bought the PT at is paid back to you as a Sablier stream that vests until maturity.

02 / TRADE OR BORROW

Put the stream to work

Sell the stream for underlying now, or pledge it as collateral for a loan. The stream itself repays the lender: debt is drawn from it as it vests, and any residual returns to you at close.

03 / EXIT

Leave whenever you want

ovrfloToken is fully liquid: unwrap it 1:1 for underlying, claim PT at maturity, or swap it out. You are never locked in.

For Borrowers

Debt that pays itself.

Your obligation is fixed at origination: principal plus a rate agreed up front, denominated in ovrfloToken. Because the collateral is a deterministic yield stream, not a volatile asset, there is nothing to liquidate and no health factor to watch. Repay early, or do nothing and let the stream repay it.

For Lenders

Fixed-rate yield, stream-secured.

Post liquidity at your rate and size. When a borrower takes it, their stream is escrowed by the market and your recovery draws directly from it as it vests, capped at the obligation. When a loan is larger than one position, liquidity is pooled automatically across lenders and every lender claims their share pro-rata.