Lava is the easiest and most secure way to borrow against your bitcoin. 

Answer two questions to set your loan terms in the app, and get your capital in minutes. 

No paperwork, no counterparties, and you maintain full self-custody of your bitcoin.

Some professional news: I joined the team at Lava. 

Lava makes it easy to borrow against your bitcoin without giving up self-custody. Your collateral is always verifiable on-chain and cannot be rehypothecated.

We’ve got lots of amazing things in store. Please reach out if you’re interested in learning more!

growth at Lava. semi-pro chef / mylessnider.com

writer of manifestos, petter of cats.

in pursuit of the stories that bring us back to life @ http://manifesto.quest

There’s a loan calculator on our site lava.xyz 

We don’t currently allow users to lend dollars (just borrow), but we will be adding that functionality soon!

Ah great! Thanks for sharing. As a consumer, do you know the reason why people would borrow against btc? Is it mainly a cheaper way to acquire more btc?

That's cool, I always wonder how as an individual I can benefit from such products. Any easy calculator to understand? o far I mainly lend to get the APY from Morpho

building @teller 





























































hosting /kieran /usdc /loans /disclosure 🛸

Lenders are large capital pools we’ve onboarded, but the loans happen automatically via the contract. 

The loan terms are programmed into the contract. So if you default, your loan gets liquidated, the lender gets their capital back, and the rest is returned to you. Same thing if you get liquidated because of a price drop. However, you can always pay off your loan early with no fees or add more collateral if you’re getting close to the liquidation threshold.

Very cool! Who is lending and how do defaults work? This is a strong narrative imo