Your Deposit Is Already
Sitting There Idle.
You don't need a new lease to join Huddle. If you're already renting, your existing deposit can be assigned to a HuddleBond — right now, with your landlord's consent, with no extra cash out of your pocket.
The deposit you paid months or years ago has been earning exactly zero the whole time. That ends today.
No new cash required · Requires landlord consent · Takes 15 minutes
What Is Deposit Assignment?
Traditional Deposit
- ✕Sitting in your landlord's bank account
- ✕Earning 0% — or the bank's rate, which they keep
- ✕You can't access it, move it, or grow it
- ✕When you leave: you get back exactly what you put in (if you're lucky)
HuddleBond (Assigned)
- ✓Converted to Bitcoin — secured by smart contract
- ✓Your principal is protected on-chain. The contract enforces it.
- ✓Bitcoin appreciation? 80% goes to you. 20% to your landlord — their reward for saying yes.
- ✓Fully portable. Moves with you when you move.
Deposit Assignment is the legal and financial mechanism that converts your existing deposit into a HuddleBond — without requiring new cash. Your landlord receives an equivalent guarantee. You receive a Bitcoin-backed bond and a Huddle Badge.
How Assignment Works
Four steps. One conversation with your landlord. Fifteen minutes.
You Apply for Assignment
Tell us your current deposit amount, landlord contact, and jurisdiction. We generate a Deposit Assignment Agreement tailored to your state's tenancy law.
Takes 3 minutes.
Landlord Receives and Signs
We send your landlord a plain-English explanation of what they're agreeing to: same deposit protection, same legal standing — plus 20% of any Bitcoin appreciation as their upside for participating.
Most landlords sign within 24 hours.
Deposit Converts to HuddleBond
Landlord returns the original deposit funds via USDC. Huddle immediately converts to Bitcoin through the vault smart contract. Your principal is locked at the original deposit value — the Golden Rule. No deduction can ever touch it.
Settlement finalizes in minutes on Base L2.
Your Bond Starts Compounding
You receive your Huddle Badge NFT (Bronze, verified renter). The bond is now live — tracking appreciation, building your reputation, and portable to your next home.
Your deposit's idle days are over.
The Golden Rule
Your principal can never fall below what you deposited.
This isn't a policy. It's enforced by the smart contract itself. When you assign your deposit — say, $2,000 — the contract records $2,000 as your permanent floor. No fee, no market event, no decision by Huddle can ever reduce your bond below that number.
If you move out and Bitcoin has declined in value? You still get your $2,000 back. The HuddleSentinel monitors your position around the clock. The code holds the line.
Principal Protected
On-chain enforcement. No exceptions.
80% of Upside Yours
Bitcoin appreciation credited to you per tenancy period.
Fully Portable
Bond follows you. Settles per tenancy. Compounds across leases.
What Your Landlord Needs to Know
The most common questions — before you start that conversation.
Is their deposit protection the same?
Yes. The HuddleBond provides the same legal guarantee as a traditional deposit. If there's damage at move-out, the landlord's claim process is identical — they receive USDC equivalent to their claim.
What does the landlord get out of it?
20% of any Bitcoin appreciation over the tenancy period. This is new income on money that previously earned them nothing. The landlord also receives faster, on-chain settlement at move-out — no dispute over wire transfers or check timing.
What if Bitcoin goes down?
The principal floor is enforced by the smart contract. If the bond value drops below the original deposit amount, Huddle makes up the difference from the reserve. The landlord's guarantee is always whole.
Does this require a lease amendment?
Yes. The Deposit Assignment Agreement is a simple addendum to your existing lease. We generate it automatically and it covers all jurisdictional requirements in your state or province.
Is this legal in my state?
Huddle operates under CFTC Release 9180-26 federal preemption across all 50 US states and all 13 Canadian provinces and territories. The Compliance Mesh handles jurisdiction-specific requirements automatically.
Need to send your landlord something? See the landlord overview →
When to Assign
Deposit Assignment works at any point during an active lease — not just at signing.
Mid-Lease
You've been renting for months or years. Your deposit has been sitting idle the whole time. Assignment converts it now — the remaining lease term is enough to start compounding.
At Renewal
Your lease is coming up for renewal. Use renewal as the moment to introduce Assignment to your landlord — a natural checkpoint to restructure the deposit.
At Signing
You're signing a new lease and both parties are agreeable from Day 1. Deposit Assignment is built into the new lease — your HuddleBond starts immediately.