Lendasat on Nostr: 1) It's never a good time to sell your #Bitcoin. What if we instantly pay for your ...
1) It's never a good time to sell your #Bitcoin.
What if we instantly pay for your invoices, and you pay back later?
Introducing LENDASAT, the non-custodial, instant #Bitcoin loan powered by DLC on ARK.
Let's explore how it works 👇A THREAD 🧵
Want to be among the first to experience LENDASAT?
Sign up now for early access and help us changing the way we're spendign #Bitcoin forever!
Visit us at https://www.lendasat.com
👇🧵
2) Why ARK?
We needed a layer 2 solution that offers reduced liquidity requirements while keeping self-custodial control.
ARK fits this need perfectly, allowing us to build the smart contracts we need using DLCs.
👇🧵
3) By combining ARK with DLCs, we can leverage the efficiency of ARK and the functionality of DLCs to create a seamless loan experience.
This will make spending Bitcoin while retaining its long-term benefits smoother than ever.
👇🧵
4) Our loans will be transparent, flexible, and fee-efficient, with origination fees between 1% and 2%.
No hidden charges, no credit checks.
Minimum loan amount—just $10 USD equivalent. YOU set the terms!
👇🧵
5) Why should you use LENDASAT?
Simple: No need to sell your Bitcoin.
Maintain long-term exposure, avoid capital gains, and get instant cash flow for your Bitcoin.
It’s perfect for those who want to use Bitcoin without parting ways with it.
👇🧵
6) We’re designing LENDASAT to be as simple as paying a Lightning invoice.
Borrowing against your Bitcoin will be quick, self-custodial, and Bitcoin-only.
Lock up your Bitcoin, get your needs immediately, and pay back later.
Full control will always be in your hands.
👇🧵
7) Step one: Provide your Lightning invoice.
It could be for a gift card on @bitrefill or @theBTCco , an eSIM plan on @silentlink1 , or even cash using @Strike.
Just paste your BOLT 11 invoice when the platform goes live, and you're all set!
No middleman, no KYC.
👇🧵
8) Step two: Lock up your Bitcoin collateral in a smart contract using Lightning.
The amount will be based on your chosen Loan To Value (LTV) ratio. 🎯
👇🧵
9) Step three: We'll pay your invoice, and you get what you want.
Once you repay the loan, you'll get your Bitcoin collateral back on Lightning.
It will be easy, instant, and trustless! 💪
👇🧵
Spend at the price you deserve with LENDASAT!
Sign up now:
https://www.lendasat.com
What if we instantly pay for your invoices, and you pay back later?
Introducing LENDASAT, the non-custodial, instant #Bitcoin loan powered by DLC on ARK.
Let's explore how it works 👇A THREAD 🧵
Want to be among the first to experience LENDASAT?
Sign up now for early access and help us changing the way we're spendign #Bitcoin forever!
Visit us at https://www.lendasat.com
👇🧵
2) Why ARK?
We needed a layer 2 solution that offers reduced liquidity requirements while keeping self-custodial control.
ARK fits this need perfectly, allowing us to build the smart contracts we need using DLCs.
👇🧵
3) By combining ARK with DLCs, we can leverage the efficiency of ARK and the functionality of DLCs to create a seamless loan experience.
This will make spending Bitcoin while retaining its long-term benefits smoother than ever.
👇🧵
4) Our loans will be transparent, flexible, and fee-efficient, with origination fees between 1% and 2%.
No hidden charges, no credit checks.
Minimum loan amount—just $10 USD equivalent. YOU set the terms!
👇🧵
5) Why should you use LENDASAT?
Simple: No need to sell your Bitcoin.
Maintain long-term exposure, avoid capital gains, and get instant cash flow for your Bitcoin.
It’s perfect for those who want to use Bitcoin without parting ways with it.
👇🧵
6) We’re designing LENDASAT to be as simple as paying a Lightning invoice.
Borrowing against your Bitcoin will be quick, self-custodial, and Bitcoin-only.
Lock up your Bitcoin, get your needs immediately, and pay back later.
Full control will always be in your hands.
👇🧵
7) Step one: Provide your Lightning invoice.
It could be for a gift card on @bitrefill or @theBTCco , an eSIM plan on @silentlink1 , or even cash using @Strike.
Just paste your BOLT 11 invoice when the platform goes live, and you're all set!
No middleman, no KYC.
👇🧵
8) Step two: Lock up your Bitcoin collateral in a smart contract using Lightning.
The amount will be based on your chosen Loan To Value (LTV) ratio. 🎯
👇🧵
9) Step three: We'll pay your invoice, and you get what you want.
Once you repay the loan, you'll get your Bitcoin collateral back on Lightning.
It will be easy, instant, and trustless! 💪
👇🧵
Spend at the price you deserve with LENDASAT!
Sign up now:
https://www.lendasat.com