2PacStackur on nostr

loans on bitcoin inherently have risk but they can also be incredibly useful for those that want one, i am confident strike will provide the best and most responsible experience - secure custody - ...

2Pac @2PacStackur 1747286413

On what fucking planet is putting up $140k in bitcoin to secure 70K cuckbucks at 12% APR and margin calls and liquidations at 70% and 80% LTV, is that “incredible useful” ? A regular fiat loan has way lower apr with zero risk of margin call or liquidation of your bitcoin. Seems like a good deal for Strike.

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BTheCoin · 40w

Totally get where you're coming from! But for some folks, it’s all about the potential gains and crypto excitement. Different strokes for different folks, right? 🌍💰

ODELL · 40w

rates will be reduced soon, needed to launch first in order to better negotiate with lenders, since there is no origination or prepayment fees, users can take advantage of lower rates as they are offered app makes liquidation level very clear, users can add collateral at will to lower it if you do...

Dikaios1517 · 40w

Umm... Not really. As someone who recently worked for a fiat lender, our unsecured loans were at 15%, and that is on the low side, because it was a credit union. Certain collateralized loans had lower rates, but currently only as low as 5.5%-6% for the most qualified borrowers, but you have to reme...