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Lendasat
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⚑️ #Bitcoin-collateralized loans πŸ”— Non-custodial, P2P protocol powered by DLCs πŸš€ Empowering financial freedom est. 850541
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Lendasat 1 year ago
You should never have to sell your #Bitcoin
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Lendasat 1 year ago
We want to build the best #bitcoin collateralized loans experience with you! Kudos to our early supporters on Discord!image
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Lendasat 1 year ago
When searching for a p2p #Bitcoin collateralized loan, would you prefer to filter by the amount of USD you want to borrow or the amount of #BTC you want to use as collateral? image
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Lendasat 1 year ago
1/7 ) We're proud to release a new whitepaper on Escrow-Less #Bitcoin-Collateralized #Lending! Our protocol uses Discreet Log Contracts (DLCs) and Hash Time Lock Contracts (HTLCs) to create a trustless, peer-to-peer lending system. πŸ§΅β†“ Read the paper: http://whitepaper.lendasat.com/lendasat-whitepaper.pdf image 2/7 ) Our architecture is designed to empower users to borrow against their Bitcoin without giving up control. We believe this is a crucial step towards a more decentralized, trust-minimized and secure financial ecosystem. 3/7 ) Market research showed that there is a growing need for p2p, trustless lending solutions. Users want more control over their assets and more flexibility in their lending options. Our protocol addresses these needs and more. 4/7 ) While our initial focus was on micro-loans, user interviews indicated that there is a relatively small demand for this type of product. However, we did identify Ark as a good solution in the context of bitcoin microloans. 5/7 ) We're still intrigued by Ark and its potential, so if there's enough interest from users, we'd be happy to explore it again. Our Escrow-Less Lending protocol is designed to be flexible and adaptable, so we can always revisit and refine our approach. 6/7 ) We believe that our protocol has the potential to revolutionize the way we borrow and lend with Bitcoin. We're committed to making it a reality and will continue to iterate and improve it based on your feedback. Let's shape the future of decentralized lending together! 7/7 ) We're eager to hear your thoughts and feedback on this new approach. Check out our whitepaper and let's discuss!
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Lendasat 1 year ago
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 πŸ‘‡A THREAD 🧡 image 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 πŸ‘‡πŸ§΅ 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. πŸ‘‡πŸ§΅ 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. πŸ‘‡πŸ§΅ 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 amountβ€”just $10 USD equivalent. YOU set the terms! πŸ‘‡πŸ§΅ 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. πŸ‘‡πŸ§΅ 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. πŸ‘‡πŸ§΅ 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. πŸ‘‡πŸ§΅ 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. 🎯 πŸ‘‡πŸ§΅ 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! πŸ’ͺ πŸ‘‡πŸ§΅ Spend at the price you deserve with LENDASAT! Sign up now:
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Lendasat 1 year ago
How will you watch the price go up now? πŸ‘‡Tag a friend who has hodled #Bitcoin long enough & turn notifications on! πŸ”” image
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Lendasat 1 year ago
LEFT πŸŒ™ or RIGHT? β˜€οΈ image
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Lendasat 1 year ago
What a bad day to spend your #Bitcoin image
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Lendasat 1 year ago
Have you hodled #bitcoin long enough? image
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Lendasat 1 year ago
Introducing Lendasat, a non-custodial, instant #Bitcoin loan service powered by DLC on ARK. Coming soon. #ark #arkprotocol #lightning #whitepaper image
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