Then through my BTCFi, he does not need to lose his BTC position. He only needs to exchange BTC for the same amount of MSTR or IBIT in my liquidity pool to obtain assets in the bank's compliant mortgage stage. MSTR can be directly mortgaged in US banks, and 60% of the funds can be used to improve life or investment. The bank pledges stocks instead of coins, and the bank needs to compensate for any problems. So Stevne can exchange $1 million of BTC for $1 million of MSTR, and at the same time borrow $600,000 of USD from the bank with $1 million of MSTR.
- 0 replies
- 0 recasts
- 0 reactions
Among them, BTC is BTC, but BTC is not equal to MSTR and IBIT. Although MSTR indirectly allows investors in US stocks to hold BTC by holding BTC, it does not directly obtain BTC. Although IBIT is an ETF that tracks the price of BTC, it cannot be delivered to BTC in essence. So providing liquidity to these three is actually to help investors with Bitcoin to seamlessly switch between Bitcoin, US stocks and ETFs. Let’s talk about a practical application scenario. For example, Steven @Trader_S18 has BTC worth $1 million. There are no other assets except BTC. If you want to change your living standards through BTC profits, you need to sell BTC, even if you sell one, or take BTC to pledge on a mortgage lending platform. Whether it is Web2 or Web3, there will be certain risks.
- 0 replies
- 0 recasts
- 0 reactions
- 0 replies
- 0 recasts
- 0 reactions