Lately, I been using Lendasat to create bitcoin backed USDT Liquid loans. The goal is to offer them interest free. The loans are small right now but this is something I been wanting to do for quite some time.

Since the loans are bitcoin backed I have a less chance of getting scammed or lending to irresponsible people.

Lendasat doesn’t allow lenders to charge below 1% APR.

To make it truly interest free I offer to return the borrower the interest they paid me.

Starting off slow. 9 loans provided to date. (A few got liquidated due to this crash and setting a I high LTV.

But my goal is to grow this loan book over time. Interesting free lending.