mortgage
mortgage
One year ago today, Robinhood CEO Vlad Tenev declared mortgages among the most important financial assets you can hold. Today we're launching Mortgage Coin — a mass airdrop that legally pays off real mortgages for verified Robinhood users.
On June 21, 2025, Robinhood CEO Vlad Tenev announced a new mortgage benefit for Gold subscribers — framing mortgages as among the largest and most important financial transactions of your life.
Mortgage Coin takes that thesis further. If mortgages are the best assets to hold, the best thing you can do is help people pay them off. Every trade fee flows directly into principal and interest payments for verified Robinhood users with active mortgages — tracked through Robinhood's public API.
We cross-reference Robinhood's public API to identify Gold subscribers with active mortgages through the Sage Home Loans partnership. Only verified holders receive payouts.
Trading fees accumulate in the dev wallet and are distributed every 15 minutes as direct mortgage principal and interest payments to eligible recipients.
Each payout is processed as a legal mortgage payment — applied directly to principal or escrow, reducing lifetime interest and accelerating payoff timelines.
100% of trading fees are allocated transparently. The majority goes directly to mortgage payoffs.
All fee inflows and payout batches are traceable on-chain.