Strike enables users and developers to supply digital assets onto the platform to earn from dyanmic rates provided by the protocol and use that supplied asset as collateral to borrow other supported digital assets all on-chain.
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From @Strike to @AquaBitcoin with 0 sats extra fees. Now it's on L2 ready to be sent on @Liquid_BTC 17930 sats there on Aqua from 18023 sent. Learning.
RT @beef_wagon: Liqwid governance proposals to launch isolated secondary lending markets for $STRIKE and $SNEK, without supply caps, are up…
JUST IN: JACK MALLERS JUST COMPLETELY CHANGED #BITCOIN LENDING FOREVER STRIKE INTRODUCED BTC LOANS THAT CAN NEVER LIQUIDATE NO MATTER HOW VOLATILE THE PRICE "IF BTC FALLS, YOUR BTC DOESN'T MOVE" "IF YOU ARE ON VACATION AND IF YOU ARE SLEEPING YOU WILL NOT GET LIQUIDATED" THIS MAY BE THE BEST W
JUST IN: JACK MALLERS JUST COMPLETELY CHANGED #BITCOIN LENDING FOREVER STRIKE INTRODUCED BTC LOANS THAT CAN NEVER LIQUIDATE NO MATTER HOW VOLATILE THE PRICE "IF BTC FALLS, YOUR BTC DOESN'T MOVE" "IF YOU ARE ON VACATION AND IF YOU ARE SLEEPING YOU WILL NOT GET LIQUIDATED" THIS MAY BE THE BEST W
It's not a decision I or Strike gets to make unilaterally, brother. We don't have tens of billions of dollars sitting around to lend ourselves. We facilitate lending using capital that other people are willing to commit. If the market is willing to fund longer-duration loans at lower rates, we'll
Strike says your Bitcoin can survive an 80% crash without getting liquidated. 🛡️ - No margin calls, no forced sales - Up to 14.2% APR, max 45% LTV - Backed by a $2.1B credit facility with Tether The fine print: "volatility-proof" isn't "payment-proof." Miss payments, and you can still lose your B
Strike launches ‘volatility-proof’ Bitcoin loans amid bear market, but at a cost
Learn more about Volatility Proof Loans in our FAQ below. We couldn't be more excited to launch this product in the depths of a bear market. Keep the questions, feedback, and feature requests coming. We're here to build for Bitcoiners. 🫡 https://strike.me/en/faq/what-are-volatility-proof-loans/
Strike continues to get better every week. Strike is now live in Spain and Italy, our full MiCA license secures our ability to serve hundreds of millions across Europe for the long run, and switching between your accounts is now seamless. Here's what shipped last week 🧵
Yo @jackmallers really appreciate the podcast! My only way to thank you for doing it is to route all my DCA activity through Strike! Thank you!