Where do the dollars live? Stablecoins? Banks?
Hello, Nostr! Allow us to introduce ourselves.
At Lava, we’ve built the most secure way to borrow against your bitcoin.
No counterparties, no custodians, no bridges. Instead, we’ve built a fully on-chain lending protocol that leverages Discreet Log Contracts (DLCs), which are smart contracts that are native to Bitcoin.
Using Lava, you can take out a USD loan using your Bitcoin as collateral *without giving up self-custody*. It’s fast, secure, and we offer some of the best rates in the business.
You can check us out at http://lava.xyz to learn more!
We’re excited to be here on Nostr!
#introductions
Discussion
Good question.
“No counterparties, no custodians, no bridges.” Is disingenuous. Any time you’re using any kind of dollar instrument, none of those are true.
On Solana - They are shitcoiners