50 / 100
$BORRO
0x89b7…a0c93c· Robinhood Chain
ngl, not gonna lie
The Borro app loads and connects a wallet, but the lending could not be tested with an empty wallet.
The app opens, connects a wallet and lists stock-backed markets, but ngl's test wallet held no USDG, so the lend flow never reached a transaction. The launch looks clean: no launch-block buyers, a first-time dev who holds nothing and burned some supply. The yield and security claims (218% a year, held on Morpho, verified contracts) were not checked.
Red flags0
No red flags found.
Watch out3
Headline yield and safety claims unchecked
Claims such as 218% a year on lending, funds held on Morpho and contracts verified on Blockscout were not checked by any fact. The site itself says there is no outside audit.
screenshotLend flow could not be tested
The agent entered 0.01 to lend USDG, but the test wallet held 0.00 USDG, so the lend button stayed disabled. No transaction was built and no signature step was reached.
screenshotYoung project, moderate concentration
The domain was registered 20 days ago. The top 10 wallets hold 41%, a figure that includes pools and lockers.
registrationtoken
Checks out4
App opens and wallet connects
The app loaded from the site and the test wallet connected, showing its address in the header. This shows a working front end but not working lending.
screenshotNo bundled launch
Nobody other than the dev bought in the launch block. The dev's launch buy was 1.7%.
launchdevDev holds nothing and has not sold
The dev wallet holds 0.0% and sold 0.0% of supply since launch. It also burned 3.8% of supply. This is the dev's first coin.
devtransferburnX account is new but looks organic
The account is 16 days old with 1,041 followers and about 42 likes per post. None of the 200 sampled followers were empty accounts.
@Borromarkets@Borromarkets@Borromarkets@Borromarkets
Ask the agent
Anything about $BORRO. ngl answers from this check, or goes back to the site and tries what you ask.
Hands-on tests
Couldn’t testLending flow (Lend 0.01 USDG)
Lend blocked: wallet holds no USDG
- What it did:
- Opened the app, entered 0.01 in 'You lend', connected the test wallet, selected USDG as the asset, then tried the 'Lend 0.01 USDG' button several times.
- What the site showed:
- The lend button stays disabled and the page says "That is more USDG than this wallet holds." Balance shows 0.00 USDG. Clicks on the button timed out because it is disabled.
WorksConnect wallet
Wallet connects to the app
- What it did:
- Clicked 'Connect wallet' on the app page with the test wallet.
- What the site showed:
- Wallet connected, header shows 0xa954...d14A.
