I like holding some WBTC and borrowing against it on the cheaper chains like Polygon. The fees are negligible and I try to keep the value borrowed pretty low against collateral. There is a chance of being liquidated but WBTC/BTC would really have to slump very low for any liquidation to happen. The rate fluctuates but it's generally in the 0 - 10% range.
I also have a secured credit card, and borrowing against WBTC is much lower than the rate I get on Mastercard which is around 28%
I like holding some WBTC and borrowing against it on the cheaper chains like Polygon. The fees are negligible and I try to keep the value borrowed pretty low against collateral. There is a chance of being liquidated but WBTC/BTC would really have to slump very low for any liquidation to happen. The rate fluctuates but it's generally in the 0 - 10% range.
I also have a secured credit card, and borrowing against WBTC is much lower than the rate I get on Mastercard which is around 28%