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Bitcoin lending today has too many unnecessary risks: πŸ‘Ž Rehypothecation πŸ‘Ž Shared asset pools that mix high & low-quality assets together πŸ‘Ž Unexpected and total liquidation of collateral πŸ‘Ž Centralized platforms + wrappers Bitcoin lending requires a significant upgrade and Bitcoiners deserve a trustless, secure solution to safely deploy their BTC. Granite will put borrowers first: πŸͺ¨ No rehypothecation πŸͺ¨ Liquidation to solvency πŸͺ¨ Offline position tracking πŸͺ¨ Decentralized and non-custodial πŸͺ¨ No rehypothecation Granite NEVER lends out borrowers' collateral and only has a single borrowable asset per market. This eliminates the typical "pooled risk" model that exposes a protocol's users to the downside of the riskiest pool assets. πŸͺ¨ Liquidation to solvency Many other protocols will liquidate 50-100% of a loan position; a significant loss that can have cascading effects for an entire protocol. Granite minimizes losses with gradual liquidations limited to only the amount required to restore LTV. πŸͺ¨ Offline position tracking Granite's frontend will feature push notifications that track account health and interest rates, enabling borrowers to relax and receive relevant account alerts instead of staying glued to their screens. πŸͺ¨ Decentralized and non-custodial Granite runs autonomously on the Stacks network. We will be using sBTC for our bridge, an open-source Bitcoin bridge secured and managed by an open network of validators via a threshold signature script on Bitcoin. Our unique framework paves the way for true Bitcoin lending. Granite lets you participate in the Bitcoin economy without ever having to sell your bitcoin. Granite changes the game for every Bitcoin HODLer seeking liquidity without needing to sell. Granite is coming soon. Follow us to get a first look at early access πŸ‘€ NEVER SELL πŸͺ¨
Love Center - Dating, Friends & Matches, NY, LA, Dubai, Global
Love Center - Dating, Friends & Matches, NY, LA, Dubai, Global
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