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Looking at who's following their twitter account, I'm seeing :
  • Jan3 & Samson Mow
  • Ten31 (possibly one of their VC backers)
  • Specter Wallet
  • Arnab Naskar @ Stokr
  • Hodl Hodl
  • Anil (The Bitcoin Handbook)
  • Blockstream
  • Vlad Costea
  • Javier Bastardo
  • Abubakar Nur Khalil (Nigerian Bitcoin Core contributor)
  • Alistair Milne
This list gives them some credibility, in my view.
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Very mild point of criticism :
I submitted an email address to 'get early access'. However I noted that they are using a Google captcha system for this sign up process. Would have liked to have seen an alternative system used to Google (e.g. mCaptcha, hCaptcha, etc), as an indication of their no-KYC bona fides.
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The Borrower deposits Bitcoin collateral to the multisig escrow directly from their wallet. After the deposit is confirmed, the Lender transfers the loan amount to the Borrower according to the Contract terms.
Do they lend fiat or more btc.. Not clear to me
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Fiat.
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And some other stablecoins.. Just saw you can do a request and they show different options
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should i delete the post ?
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No.. why.. its def bitcoin related I was just interested in seeing how one could get wrecked using these.. its not a critic at all
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i had a doubt ... lol
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