0% APR at low LTV
Dogecoin as collateral
How it works
1. Deposit collateral
Move Dogecoin into your credit line as collateral.
2. Draw only what you need
Interest only accrues on the funds you actually draw. An open but unused line costs 0%. T&C apply.
3. Rate follows your risk
Your borrowing rate is floating and tied to your LTV — lower risk means a lower rate.
4. Repay on your terms
No credit checks, no fixed monthly payments. Repay any amount, anytime. T&C apply.
- Estimated Total Credit Line
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Security and compliance
Frequently asked questions
Is borrowing against my Dogecoin a taxable event?+
Borrowing against your assets is generally not a taxable event, meaning you can access liquidity without triggering capital gains. Consult a tax professional in your jurisdiction.
What does an open but unused credit line cost?+
Interest only accrues on the funds you actually draw. An open but unused line costs 0%. T&C apply.
How is my borrowing rate determined?+
Your borrowing rate is floating and tied to your LTV — lower risk means a lower rate.
What happens if my LTV gets too high?+
Smart alerts notify you if your LTV nears critical levels, giving you time to top up collateral.
Who provides Clapp's services?+
We operate through a broad group structure that includes an EU entity pursuing MiCA authorisation, alongside other licensed and operational entities in the jurisdictions where we provide services. The relevant services continue to be delivered through the applicable entities and regulatory frameworks.
What is Dogecoin (DOGE)?
Dogecoin (DOGE) is a decentralized, peer-to-peer digital currency that enables fast and easy online payments. Launched in 2013 by engineers Billy Markus and Jackson Palmer, Dogecoin started as a lighthearted "joke currency" based on the popular "Doge" meme featuring a Shiba Inu, which fueled its widespread appeal and community-driven growth.
Unlike Bitcoin's limited supply, Dogecoin has an unlimited supply, with over 130 billion coins circulating in 2024, making it ideal for transactions and tipping rather than as a store of value.
The Dogecoin community is known for charitable contributions, including support for the Jamaican bobsled team and clean water projects.
Dogecoin’s blockchain operates on a proof-of-work model with a 1-minute block time, offering faster transaction confirmations than Bitcoin. Its active community has sustained its popularity and relevance in the cryptocurrency world.
Crypto-assets are high risk and highly volatile; you can lose all invested funds. Crypto-assets are not legal tender and are not covered by deposit guarantee or investor compensation schemes.