We're proud to release a new whitepaper on Escrow-Less #Bitcoin-Collateralized #Lending! View article →

Building Lendasat on #ARK : Introducing DLC VTXOs Instant #Bitcoin collateralized loans using regular Lightning payments⚡️ - As simple as paying a Lightning invoice - Non-custodial - Bitcoin only 📰 Read the whole article:

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Building Lendasat on ARK - Introducing DLC VTXOs \ stacker news

Building Lendasat on ARK - Introducing DLC VTXOs At Lendasat we are building p2p, instant Bitcoin-collateralized loans using regular Lightning paym...

Start living. Pay later. ➡️

Lendasat

Lendasat - Borrow, Don't Sell

Bitcoin loans without counterparty risk

#Bitcoin View quoted note →

1) It's never a good time to sell your #Bitcoin. What if we instantly pay for your invoices, and you pay back later? Introducing LENDASAT, the non-custodial, instant #Bitcoin loan powered by DLC on ARK. Let's explore how it works 👇A THREAD 🧵 Want to be among the first to experience LENDASAT? Sign up now for early access and help us changing the way we're spendign #Bitcoin forever! Visit us at

Lendasat

Lendasat - Borrow, Don't Sell

Bitcoin loans without counterparty risk

👇🧵 2) Why ARK? We needed a layer 2 solution that offers reduced liquidity requirements while keeping self-custodial control. ARK fits this need perfectly, allowing us to build the smart contracts we need using DLCs. 👇🧵 3) By combining ARK with DLCs, we can leverage the efficiency of ARK and the functionality of DLCs to create a seamless loan experience. This will make spending Bitcoin while retaining its long-term benefits smoother than ever. 👇🧵 4) Our loans will be transparent, flexible, and fee-efficient, with origination fees between 1% and 2%. No hidden charges, no credit checks. Minimum loan amount—just $10 USD equivalent. YOU set the terms! 👇🧵 5) Why should you use LENDASAT? Simple: No need to sell your Bitcoin. Maintain long-term exposure, avoid capital gains, and get instant cash flow for your Bitcoin. It’s perfect for those who want to use Bitcoin without parting ways with it. 👇🧵 6) We’re designing LENDASAT to be as simple as paying a Lightning invoice. Borrowing against your Bitcoin will be quick, self-custodial, and Bitcoin-only. Lock up your Bitcoin, get your needs immediately, and pay back later. Full control will always be in your hands. 👇🧵 7) Step one: Provide your Lightning invoice. It could be for a gift card on @bitrefill or @theBTCco , an eSIM plan on @silentlink1 , or even cash using @Strike. Just paste your BOLT 11 invoice when the platform goes live, and you're all set! No middleman, no KYC. 👇🧵 8) Step two: Lock up your Bitcoin collateral in a smart contract using Lightning. The amount will be based on your chosen Loan To Value (LTV) ratio. 🎯 👇🧵 9) Step three: We'll pay your invoice, and you get what you want. Once you repay the loan, you'll get your Bitcoin collateral back on Lightning. It will be easy, instant, and trustless! 💪 👇🧵 Spend at the price you deserve with LENDASAT! Sign up now:

Lendasat

Lendasat - Borrow, Don't Sell

Bitcoin loans without counterparty risk

How will you watch the price go up now? 👇Tag a friend who has hodled #Bitcoin long enough & turn notifications on! 🔔

LEFT 🌙 or RIGHT? ☀️

Spend #Bitcoin at the price you deserve. View quoted note →

What a bad day to spend your #Bitcoin

Have you hodled #bitcoin long enough?

Introducing Lendasat, a non-custodial, instant #Bitcoin loan service powered by DLC on ARK. Coming soon. #ark #arkprotocol #lightning #whitepaper

Borrow, don't sell.

"Hello world" Stay tuned for something that will change the way you handle your #bitcoin expenses! - #850652

What a bad time to spend your #Bitcoin