How Unblock Equity Works
Two sides of the same market. Homeowners access trapped equity. Depositors earn yield backed by real property.
Two Sides, One Market
Deposits equity tokens as collateral
Supplies USDC for yield
Your Equity Journey
From trapped equity to liquid cash. Five cards tell the full story.
Step 1
Start with what you have
Your home is worth $1,298,489 and you have $652,524 in equity. Traditional lenders take months and demand perfect credit to access it. We changed that.
Your home is worth $1,298,489 with $645,965 remaining on your mortgage.
Step 1
Start with what you have
Your home is worth $1,298,489 and you have $652,524 in equity. Traditional lenders take months and demand perfect credit to access it. We changed that.
Your home is worth $1,298,489 with $645,965 remaining on your mortgage.
Step 2
See what’s available
After accounting for Breathing Room escrow, origination fees, and arrears, $248,823 is available to borrow. Asset-based lending. Your home’s value is what matters.
After Breathing Room escrow and fees, $248,823 is available to borrow.
After Breathing Room escrow and fees, $248,823 is available to borrow.
Step 2
See what’s available
After accounting for Breathing Room escrow, origination fees, and arrears, $248,823 is available to borrow. Asset-based lending. Your home’s value is what matters.
Step 3
Tokenize on-chain
Your equity agreement is secured as on-chain collateral on Base L2. Tokenized representation of your signed SEA. The collateral unlocks DeFi borrowing — no bank needed.
3,066 eqBLOCK tokens minted on Base L2 (ERC-20). Backed 1:1 by your signed Shared Equity Agreement.
Step 3
Tokenize on-chain
Your equity agreement is secured as on-chain collateral on Base L2. Tokenized representation of your signed SEA. The collateral unlocks DeFi borrowing — no bank needed.
3,066 eqBLOCK tokens minted on Base L2 (ERC-20). Backed 1:1 by your signed Shared Equity Agreement.
Step 4
Your equity, working for you
Breathing Room holds 12 months of mortgage payments in smart contract escrow. Monthly releases keep you current while you get back on track. Payment relief, built in.
$78,952 held in Chainlink-automated escrow — 12 months of mortgage payments, released monthly.
$78,952 held in Chainlink-automated escrow — 12 months of mortgage payments, released monthly.
Step 4
Your equity, working for you
Breathing Room holds 12 months of mortgage payments in smart contract escrow. Monthly releases keep you current while you get back on track. Payment relief, built in.
Step 5
Cash in your account
$111,203 USDC delivered to you via DeFi lending. No fixed payment schedule. Interest accrues at a variable DeFi rate. Repay on your own terms — convert to dollars and deposit to your bank account.
$111,203 USDC borrowed from DeFi lending. Arrears paid, escrow funded, remainder is yours.
Step 5
Cash in your account
$111,203 USDC delivered to you via DeFi lending. No fixed payment schedule. Interest accrues at a variable DeFi rate. Repay on your own terms — convert to dollars and deposit to your bank account.
$111,203 USDC borrowed from DeFi lending. Arrears paid, escrow funded, remainder is yours.
Six Steps, No Bank
Check Your Equity
Enter your address and get an instant ATTOM AVM valuation. See home value, existing mortgage, available equity, and max borrowable amount. Free, no credit pull.
30 seconds. Asset-based — your home qualifies you.
Choose Your Terms
Three axes: Verification level (Verified / Prime / Standard), escrow period (none / 3 / 6 / 12 months), and recovery right (lien-only or foreclosure). Each choice adjusts your rate, LTV, and cost.
The more you prove, the less you pay.
Sign Agreement + Record Lien
DocuSign e-sign, Notarize.com remote notarization, Simplifile county e-recording. The voluntary junior lien becomes public record. All digital, all legal.
Garn-St. Germain Act protects your primary mortgage.
Tokens Minted On-Chain
eqBLOCK tokens (ERC-20) are minted on Base L2, representing your equity agreement. Tokens are deposited into the matching Morpho vault as collateral.
Collateral only. Not transferable (Phase 1).
Borrow USDC — Funds Distributed
USDC is borrowed from the Morpho vault. Waterfall distribution: arrears paid to servicer first, then escrow funded, then remaining cash to you. We handle the blockchain.
Arrears → escrow → you.
Repay on Your Terms
No fixed payment schedule, no prepayment penalties. Interest accrues at a variable DeFi rate. When you repay, tokens are burned, the lien is released, and you’re free.
Repay anytime. Graduate to a HELOC at lower rates.
Earn Real Yield, Backed by Real Property
Supply USDC to Morpho vaults. Earn interest backed by county-recorded property liens. Not token emissions — real borrower interest.
Choose a Vault
24 markets organized by risk and return. Filter by verification level, escrow duration, and recovery right. Higher risk = higher yield. Pick the profile that matches your appetite.
Each vault is a distinct risk/return market.
Deposit USDC
One-click deposit via embedded wallet. Gas is sponsored — no ETH needed. Your USDC enters a Morpho vault where it’s available for borrowers to draw against.
No minimum. Withdraw anytime when liquidity is available.
Earn Yield
Interest accrues per second. 7.5–9.3% APY backed by real US property liens with county-recorded collateral. Borrower interest flows directly to your vault position.
Real yield from real property. Not token emissions.
What Protects You
County-recorded liens, LTV caps (45–75%), escrow buffers (3–12 months of payments), ATTOM property valuations, and Morpho’s automated liquidation engine. Multiple layers, all transparent.
On-chain + off-chain protections at every layer.
Yield by Vault Tier
Higher expected loss = higher yield. Choose your risk/return profile.
Highest yield, highest risk — no credit check
12-month escrow absorbs interruptions
Full underwriting, lowest default rate
Ultra-conservative — near-zero expected loss
Borrower pays ~10% APR → Depositor earns ~8% APY → ~2% spread covers expected losses + protocol fees.
Verified at Every Layer
From county records to blockchain consensus — every component is transparent and auditable.
County-Recorded Junior Lien
Filed at the county recorder’s office as public record. E-signed via DocuSign, notarized via Notarize.com, recorded via Simplifile. Garn-St. Germain Act protects the primary mortgage.
ATTOM AVM + Optional Upgrades
Institutional-grade ATTOM Automated Valuation Model. Optional: HouseCanary Enhanced ($49), Hybrid Inspection ($149), or Full Licensed Appraisal ($399).
Base L2 + Morpho Protocol
Coinbase’s Base L2 for low-cost token operations. Morpho — independently audited, billions in TVL. All contracts open-source and verified on Basescan.
Why Not an LLC?
In Florida, transferring your property into an LLC destroys critical homestead protections: the $50,000+ property tax exemption, the Save Our Homes 3% assessment cap, and creditor protection. Our junior lien model preserves all of these because you never transfer title.
Ready to Get Started?
Whether you're accessing your equity or earning yield — start in under a minute.
Homeowners: no credit check required. Depositors: withdraw anytime when liquidity is available.
Want the math? See the full 3-axis actuarial model