> ## Documentation Index
> Fetch the complete documentation index at: https://docs.shores.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# What is Shores?

> Real property lending, tokenized, built on Robinhood Chain.

Shores tokenizes real property lending. Property owners in Latin America and South Florida take short-term bridge loans secured by first liens on real property and pay 13–15% interest. Depositors hold **shUSD**, a vault token built on Robinhood Chain. When they stake it, they receive the net interest as a monthly cash yield, with an 8% target.

The loans are made offchain, the way real property lending has always worked: local loan documents, registered liens and active servicing. Shores brings the deposit, the vault accounting and the yield onchain.

Real property credit is far larger offchain and only beginning to move onchain. Brokers in Latin America and South Florida are clearing 13–15% today, so the 8% net is just the residue after fees and the split.

<Info>
  Links:

  * Website: \[TBD: website URL]
  * App: \[TBD: app URL]
  * X: \[TBD: X handle]
  * Telegram / Discord: \[TBD: community links]
  * Dashboard: \[TBD: data dashboard link]
  * Contact: \[TBD: contact email]
</Info>

## Key facts

| | |
| - | - |
| What it is | Real property lending, tokenized |
| Vault token | shUSD |
| Chain | Built on Robinhood Chain |
| Borrower rate | 13–15%, the rate brokers charge today (not a projection) |
| Depositor yield | 8% target monthly cash yield on staked shUSD |
| Security | First liens on real property |
| Markets | Latin America and South Florida |
| Exit | After an initial lockup, sell on the secondary market |
| Restricted | Not available to persons in the United States or Australia |

<Warning>
  Yields are targets, not promises. shUSD can lose value, and you may not be able to sell it when you want or at the price you want. Read [Risk](/depositors/risk) and the [Legal](/legal/overview) section before you deposit.
</Warning>

## Next steps

<Columns cols={2}>
  <Card title="Set up a wallet" icon="wallet" href="/getting-started/wallet-setup">
    Connect a wallet to Robinhood Chain.
  </Card>

  <Card title="Getting started guides" icon="route" href="/getting-started/guides">
    Deposit, stake or borrow, step by step.
  </Card>
</Columns>


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