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lava
@lava-xyz
Hello, Farcaster! 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 www.lava.xyz to learn more! Feel free to message us if you’ve got any questions. We’re excited to be here!
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Kat 🔥
@katwolfie.eth
1. Who is providing the liquidity in U.S. dollars? 2. What happens if BTC crashes? 3. What are you doing with the BTC that ppl are lending? 4. What legal framework is in place to protect ppl from losing funds in the event your company collapses?
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Gramajo
@gramajo.eth
As one of the few who still posts about BTC on here, welcome! 🫡 this looks up my alley
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Ese Monday
@esemonday
Hello lava👋
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Rayspencil.sol
@rayspencil
This is gud tek
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