josh on Nostr: Second this. ...

Second this.

quoting
nevent1q…kv33

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
- dollars instantly in your bank account
- easy and clear ux
- competitive rates

their in-app flow is very clear about risk and liquidation levels, with a high reserve requirement, to reduce loan loss

skepticism is healthy but their product is new and will become better quickly, feedback is helpful

soon:
- roll overs
- lower rates
- proof of reserves

disclosure: ten31 is strike's lead investor and jack is a brother