Hey everyone. Like many here, I'm trying to figure out how to navigate fiat expenses without selling my hard earned sats. I started looking into Bitcoin backed loans, but comparing the actual costs, origination fees, LTVs, and whether they do rehypothecation or collaborative multisig is a nightmare.
So, I spent the last few weeks building stackandborrow.com, an open-source calculator that ranks lenders based on what I was looking for.
I've been staring at this code for days and I'm totally blind to it now. I'd love some genuine feedback from actual bitcoiners.
- Is the math/logic sound? (Repo here: https://github.com/heatpunk/stack-and-borrow)
- Any lenders I should add or remove?
- Does the UI make sense, or is it too far out?
I don't have any affiliate deals with these companies right now, I just wanted to build a tool that actually helps us compare them objectively.
Appreciate any feedback. Stay humble and stack sats.
This looks really cool!!
Thank you! Appreciated
Is it possible for you to make a pay off or roll over calculator? Got a loan coming due
#1261140
And I am wondering should I pay it off, roll it over, or let strike liquidate a bit and return the rest of my corn.
I added yet another calculator below the lenders, so you can play with different scenarios and timelines. Let me know what you think.
Nice!! a lot of YouTubers talk about buy borrow die a tool like this can help people make a decision
Added a section on the calculator page "what happens at maturity?". Is that helpful at all, or did I go blind once again while working on it?
Thanks!!!
Great input! I'm on it.
Thanks
TOTAL BULLSHIT
Stop demanding more fiat ! Instead demand to be paid in BTC.
I can't argue against anything you just said.
just looking at the replies and I know who is a homo fiatus on SN.
You are wasting your time and energy building fiat things.
Hoping to evolve, trying my best.
Platform suggestions:
Thanks! I'll look into them.
I tried to stay bitcoin only but discovered a few crypto lenders made their way in to the list, so I tweaked the ranking so that bitcoin only would rank higher even if crypto lenders had lower rates.
Added all of them to the site. Does it look alright?
I know Nexo have their special tiers based on converting 10% to their own sh!tcoin but didn't bother adding that to the ranking principle.
Looking good, but I think the minimum for surge is way bellow $1000
In a credit card kind of fashion or a straight up loan?
I don't care much about the functionality of the platform but boy! do I like the Vintage site design.
Thank you! I can't watch the light mode more than a few seconds at this point. Had to create a dark theme asap to keep working on it (stamp in upper right corner).
I like it! It has a simple layout and looks like everything is covered.
I didn't see Hodlhodl on that list. There are many other lending platforms including large exchanges like Binance. Probably best keeping plebs away from them though the rates can be better.
Lygos is missing as well
Good call. I'll inject them.
Just added both Hodlhodl and Lygos to the calculator. Does it look right?
Thanks! Yeah it's hard to draw a line between monster exchanges and straight edge bitcoin lenders, but I'm trying my best.
Hodlhodl should be on the list of course.
One thing worth adding: a psychological friction layer. Most people underestimate how differently they'll feel about a collateralized loan when Bitcoin drops 40% mid-term. A scenario toggle showing 'what happens to your LTV and margin call risk at -30%, -50%, -70%' would make the emotional reality of this decision much clearer before someone commits.