GO LONG.
EARN AS IT CLIMBS.
Deposit ETH, pick a multiplier, and accrue LONG rewards as the price rises. Exit any time to reclaim your equity plus rewards. Fall too far and you're liquidated — your collateral feeds the pool. No shorts. No borrowing. No tokens up front.
Up and running in 30 seconds.
Longbow is self-custodial and runs entirely on your machine. Clone the repo, launch the CLI, and you're trading from the terminal — no account, no backend, no key ever leaves your computer.
A long with no liquid to babysit.
Your ETH stays put.
Deposits are held as collateral in the position contract — you receive no tokens up front. It only moves if you're liquidated, when it's donated to the pool forever.
Tokens from a finite reserve.
Half of supply seeds the reserve. As price rises you accrue LONG scaled by your gain and multiplier — earmarked at open, so the protocol is always solvent.
Losses feed liquidity.
Fall past your maintenance margin and anyone can liquidate you for a bounty. The rest of your collateral is added to the LONG liquidity pool, permanently.
Get started with Longbow.
Connect wallet
Connect on Robinhood Chain and you're ready to go.
Deposit ETH
Lock ETH as collateral. No tokens are minted to you.
Pick a multiplier
Choose your leverage. Higher means more reward, closer liquidation.
Earn as it climbs
Reward LONG accrues from the reserve as the price rises.
Exit & settle
Close to reclaim equity and claim LONG. Underwater feeds the pool.
Prefer the command line?
Everything on the dashboard also runs in your terminal — check stats, open and close longs, and view positions. It runs entirely on your machine and signs locally, so your private key never leaves your computer and never touches a server.
- ›Direct-to-chain via the public Robinhood Chain RPC
- ›Keys stay in memory for the session — never stored, never sent
- ›No account, no sign-up, no backend
Open your first long.
Everything interactive lives in the dashboard — open positions, live PnL, liquidation price, and one-click close & claim.
Questions, answered.
01What is Longbow?
Longbow is a protocol on Robinhood Chain that lets you take a leveraged long on the $LONG token by depositing ETH — without buying tokens up front. As the price climbs you accrue $LONG rewards; when you exit you reclaim your equity plus those rewards.
02What is the $LONG token?
$LONG is the protocol's fixed-supply ERC-20. Half of the total supply seeds the liquidity pool and the other half funds the reward reserve that pays out to profitable longs. No more can ever be minted.
03What does “going long” actually mean here?
You deposit ETH as collateral and pick a multiplier. Your position gains value as $LONG's price rises and loses value as it falls — like a leveraged long — but your upside is paid in $LONG reward tokens rather than in more ETH.
04Do I receive $LONG tokens when I deposit?
No. You get no tokens up front. Your ETH is held as collateral, and you only receive $LONG rewards when you close a position that is in profit.
05Where do the reward tokens come from?
From a finite reward reserve — 50% of total supply held by the position contract. Rewards are never minted on demand; they are paid out of this fixed pool.
06How are rewards calculated?
Your reward scales with how far the price has risen since you opened and with your multiplier: reward = maxReward × (P − P0) / P, where maxReward = collateral × multiplier / entry price. The higher it climbs, the closer you get to your max reward.
07What is the multiplier?
It is your leverage. A higher multiplier means you accrue rewards faster as the price rises — but it also pushes your liquidation price closer to your entry, leaving less room for the price to fall before you are liquidated.
08What is the maximum multiplier?
It is capped by the protocol and shown live on the dashboard as “Max leverage.” You can choose anything from 1x up to that cap.
09What happens when I close a position in profit?
You reclaim your ETH equity (capped at your original deposit) and claim your accrued $LONG reward tokens — all in a single transaction.
10What happens if I close while underwater?
You get back your current equity, which is less than your deposit. The shortfall is donated to the liquidity pool. Positions below their entry price earn no reward.
11What is liquidation?
If the price falls far enough that your equity drops to the maintenance margin, your position can be liquidated. You forfeit your reward, and your remaining collateral is permanently added to the liquidity pool.
12What is my liquidation price?
It is the price at which your equity hits the maintenance margin. It is shown before you open and on every open position. Higher multipliers give a higher (closer) liquidation price.
13What happens to my collateral if I get liquidated?
A small keeper bounty is paid to whoever triggers the liquidation, and the rest of your collateral is donated to the $LONG liquidity pool — forever. It is never returned.
14Can I open a short position?
No. Longbow only supports longs. There is no way to bet on the price going down.
15Is there any borrowing or interest to pay?
No. There are no loans, no funding rates, and no interest. Your only risk is the price falling toward your liquidation level.
16Which network is Longbow on?
Robinhood Chain — an Arbitrum Orbit L2 (chain ID 4663) that uses ETH for gas.
17How is the price determined? Can it be manipulated?
The protocol uses a Uniswap V2 time-weighted average price (TWAP) oracle, which averages price over a window. This makes it resistant to single-block and flash-loan manipulation that could otherwise trigger unfair liquidations.
18Is the reward reserve always solvent?
Yes. When you open a position, the maximum reward you could ever earn is earmarked from the reserve, and opens are refused if the reserve cannot cover it. Total earmarked rewards never exceed the reserve, so every payout is fully backed.
19Is there a minimum deposit?
Yes — a small minimum collateral is enforced to prevent dust and griefing. The exact minimum is shown on the open form.
20Who can liquidate positions, and why would they?
Anyone can run a keeper. Liquidators earn a bounty (a percentage of the liquidated collateral) as an incentive to keep the system healthy.