Here is the updated agreement (Section 3.K).

✅ We work with partners to facilitate the loan
✅ Your collateral is securely held in segregated wallets with us and partners
✅ Your collateral is NEVER rehypothecated, on-lent, or used in any other way

Our goal is to offer the best possible terms and experience for Bitcoiners. We will continue to iterate with you all based on feedback. Next up, we plan to provide proof-of-reserves based lending.

We work for you, #Bitcoin. Thanks for the feedback.

We want to be the most customer focused company in the world. Built by Bitcoiners, for Bitcoiners.