Nostr Web Client

Yes, if you pay interest monthly, you are on the wrong type of loan.

Pretty sure every loan on strike and unchained have monthly interest built in even if the duration of the loan is a year long.

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Discussion

Michael ⚡️S⚡️ 1mo ago 💬 1

Nope, you can either choose (Strike) or pay yearly by default (Ledn).

Lebanese Hodl 1mo ago 💬 1

Interesting! Haven’t looked into Ledn this cycle… I stopped paying attention to them when I heard they added loans against ETH a few years back but from what I hear they’re back to being BTC only.

Michael ⚡️S⚡️ 1mo ago

Yes, BTC only again.