mbarulli on Nostr: > Borrowing against your bitcoin means giving up full control over it. That's not ...
> Borrowing against your bitcoin means giving up full control over it.
That's not always the case.
It depends on the platform you are using.
As an example, Firefish.io locks the Bitcoin collateral in an escrow that is still controlled by the borrower.
Details here: https://docs.firefish.io/firefish-protocol
(Disclosure: I work for Firefish.io)
That's not always the case.
It depends on the platform you are using.
As an example, Firefish.io locks the Bitcoin collateral in an escrow that is still controlled by the borrower.
Details here: https://docs.firefish.io/firefish-protocol
(Disclosure: I work for Firefish.io)