Tokenize DASH via API
DoorDash Inc. as a 1:1-backed onchain ERC-20. Mint, redeem, and post as collateral with one SDK call. Mint and redeem are asynchronous via an on-chain order_id; the terminal action lands via settle(order_id) on the broker-dealer cycle (T+1).
What Flo supports for DASH
Three primitives, one API key. DASHflows through the same path as the rest of Flo's tokenized equities universe.
Mint DASH →
Create tokenized DASH from stablecoin payment. Onchain delivery is instant; the broker buys the underlying DoorDash Inc. share at NYSE during market hours.
Redeem DASH →
Burn tokenized DASH and receive stablecoin. Flo Capital SPC sells the underlying DoorDash Inc. share at the broker-dealer; your user gets stablecoin instantly.
Borrow against DASH →
Post tokenized DASH as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same broker pipe.
Mint tokenized DASH in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized DASH (DoorDash Inc.) — notional-in default
const mint = await flo.mint({
asset: "DASH",
notional_usdc: "1000.00", // pay-in. SDK derives min_quantity from quote * (1 + slippage_bps).
slippage_bps: 50, // 0.50%. Default if omitted.
settlement: {
currency: "USDC", // per-chain accepted set in /v1/chains
chain: 8453, // Base. EIP-155 integer chain ID.
wallet: userWalletAddress,
},
gas: { sponsor: "developer" },
});
// mint.status is "active" with mint.order_id set on chain (or "queued" out-of-session).
// DASH ERC-20 tokens land via settle(order_id) once the broker leg confirms.
// Flo Capital SPC holds the underlying DoorDash Inc. shares at the broker-dealer, 1:1.Comparable assets via Flo
Other consumer discretionary and NYSE names supported by the same API.
Consumer Discretionary peers
DASH on Flo, common questions
Can I tokenize DASH via Flo?
Yes. DASH (DoorDash Inc.) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=DASH and a notional_usdc amount returns a tokenized DASH ERC-20 1:1-backed by DoorDash Inc. shares held at a SEC-registered broker-dealer (IB + Alpaca).
How is tokenized DASH backed?
Each onchain DASH token is backed 1:1 by a DoorDash Inc. share held by Flo Capital SPC (Cayman), a bankruptcy-remote Segregated Portfolio Company, in segregated brokerage accounts at Flo's SEC-registered broker-dealers. Reserves are attested daily and published on /transparency/proof-of-reserves.
What is the settlement window for DASH?
Mint and redeem are asynchronous via an on-chain order_id. The create-order tx is atomic; the terminal action (live token mint or stablecoin payout) lands via settle(order_id) on the broker-dealer cycle. NYSE settles T+1 in USD, so the broker leg for DASH clears on that cycle.
Can I borrow stablecoins against DASH?
Yes. Tokenized DASH is collateral-eligible in the Flo borrow product as a large-cap equity, with a three-margin model — initial 70% (max LTV at open), maintenance 75% (alerts begin via borrow.maintenance_breach), liquidation 78% (keepers auto-close on a 30-second TWAP, no grace window). APR is a floating rate set by the pool's utilization curve (kinks at 75% and 90%). See /docs#borrow-overview for the full state machine.
Which chains is DASH deployed on?
Tokenized DASH is deployable on Base, Arbitrum, Ethereum. Pass the EIP-155 integer chain ID on the settlement object (8453 for Base, 42161 for Arbitrum, 1 for Ethereum). String slugs are not accepted on input; see /docs#rest-chains.
Ship tokenized DASH to your users
Mint, redeem, sandbox, and webhooks are free. No setup fee, no monthly minimum, no annual contract. Get an API key and mint your first tokenized DASH in minutes.