Replying to Avatar ❒ PictureRoom

I know the answers to some of these already:

- no penalty to paying off the loan early

- you can add more collateral at the start I believe

- no re-hypothecation

- you get notified when the LTV number gets to 65 I believe. There is a separate transfer wallet within the application where you can stash additional collateral in the event that you need to add more 
Avatar
SAVBTC 5mo ago 💬 1

What happens to your BTC if LEDN blows up ala Celsius, BlockFi etc.?

Reply to this note

Please Login to reply.

Discussion

Avatar
❒ PictureRoom 5mo ago

Then we lose all of our money same question goes for what if there’s a huge asteroid that strikes the planet I think we’re all fucked.

They’ve been around for seven years and actually some customers came from the whole Celsius and blockfi blow up and they helped them.  i’ll pose the question to them though.