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Agreed. We need Decentralized Bitcoin lending/borrowing. I want to take out a USD loan against my BTC, to buy more BTC and live off some USD. I don't want to trust centralized parties. Rather trust weaker "Decentralized" networks as long as I retain the private keys.
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GIF
Awesome website! Can you add a filter for % interest? Seems APY is much higher than usual, can't find anything long term for 1-10%. Seems you're matching parties rather than smart contract like sovryn.app/
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1. We will add % filter soon 2. You can publish offers on your own terms. Existing offers are usually for lazy ones. Average APR for long term contracts is higher than 20%. 3. We use smart contract. It's called Bitcoin multisig 😉but requires more manual work, ofc.
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Do you have videos that explain each step of process? Who holds each of the keys? What happens if someone dies? Are the stable coins in multi sig?
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One key goes to lender, one to borrower, one to us. 2 keys needed to release coins. It's 2/3 multisig. Only Bitcoin is hold in multisig. Stabelcoins used as a loan currency. More info: lend.hodlhodl.com/faq Video (there are more on our channel): redirect.invidious.io/6ZJmf5Z29hY

1:37 PM · Jun 27, 2021

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