how does this work. looks collateral is the BTC and they keep 5%
Discussion
Yes that’s why LTV is 95%. You pay the 5% fee upfront then it’s up to you to outperform bitcoin.
so in this case are you putting up the 1 BTC? and I receive the 0.95? that's cool too
You put up 1 coin and you receive 0.95 coin. And after 1 year max you pay back the loaned coin and receive your 0.95 coin back or your roll over (5%). Max 5 years total.
If I had 1 coin to be honest would I be looking for a 1M sats loan ? or would I just use my 1M sats from the 100M sats in my coin ? smh 
Sure, just pointing out that there is this unique product available for those who do own plenty coins and struggle remobilizing them. It’s actually designed for OGs and whales.