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BLACK FRIDAY: Borrow against your Bitcoin for a Virtual Visa - No Fees

112 sats \ 30k boost \ 14 comments \ @lendasat 29 Nov AGORA

🚨 Black Friday Deal 🚨

To celebrate the season of giving, and the release of our closed Beta: we’re removing origination fees on all loans!🏷️

Borrow against your #Bitcoin and get a loan via Virtual Debit Card or $usdc — no fees this Black Friday!

Already part of the beta?

Now’s the perfect time to open a new loan and take full advantage of our no-fee Black Friday offer.

If not, get in our Discord server now and say "hello beta" in the chat. 🎟️Hurry up! Invite codes are limited! https://discord.gg/xUKq3RjkEx

Reminder:

During this phase of the closed beta, we're primarily focused on optimizing the borrower UX and fine-tuning the Virtual Debit Card experience.

Your feedback is key to shaping the future #Bitcoin collateralized loans! 💡

🤔 Wondering about the loans, TVL, and rates?

For this phase of the closed beta, our lender offers 3 loan options. Loans can be disbursed via Virtual Debit Card💳 or as $USDC on #Polygon.

🤔 Curious how Lendasat’s closed beta works?

Check out our FAQ for more details: https://lendasat.notion.site/Frequently-Asked-Questions-100d2f24d4cf800e83bbca7cff3bb707?pvs=4

Still have questions? Our team is here to help—reach us on Discord or by email.

Be the first to experience Lendasat when we go public!

Visit http://lendasat.com and subscribe to our mailing list for the latest updates!

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41 sats \ 9 replies \ @IamSINGLE 29 Nov

Ok. You provide loan or you provide card?

Are you decentralized Open Source Platform?

What's you Rate of interest?

What's the guarantee that you won't steal my sats if they rise in value exponentially?

What's the percentage you offer for collateral?

Can I add and remove collateral based on price?

12 sats \ 3 replies \ @DarthCoin 29 Nov

Loans can be disbursed via Virtual Debit Card💳 or as $USDC on #Polygon.

IT'S A FUCKING SCAM! Stay away from this crap.

20 sats \ 0 replies \ @IamSINGLE 29 Nov

Thanks. I'm not gonna take loan. I'm just making a few things clear which they've been missing ecer since started making posts here.

I don't think I'd ever do such a blunder following you.

0 sats \ 1 reply \ @lendasat OP 29 Nov

Nope, we're providing a concrete solution to get a debit card while keeping your corn.

17 sats \ 0 replies \ @DarthCoin 29 Nov

0 sats \ 0 replies \ @lendasat OP 29 Nov

Ok. You provide loan or you provide card?

We provide the protocol and the platform :) Loans are p2p, and the card is provided by our partner moon.

Loans can be disbursed via Virtual Debit Card💳 OR as $USDC on #Polygon.

What's you Rate of interest? What's the percentage you offer for collateral?

For this phase of the closed beta, our lender offers 3 loan options.

Each loan offer has its own collateral requested by the lender. However, you can put more collateral if you want to, or add collateral when the loan is ongoing.

As we go further in the next phase of the beta, and for our public release, rates and tvl will be 100% market driven with lenders in competition.

What's the guarantee that you won't steal my sats if they rise in value exponentially?

It is not possible for us to steam your sats, check the FAQ for more info on how it works.

Can I add and remove collateral based on price?

Adding collateral is possible. Removing collateral is not yet implemented, but should be possible in the next phases of the beta

For more details, please have a look to our FAQ: https://lendasat.notion.site/Frequently-Asked-Questions-100d2f24d4cf800e83bbca7cff3bb707?pvs=4

0 sats \ 2 replies \ @DarthCoin 29 Nov

Loans can be disbursed via Virtual Debit Card💳 or as $USDC on #Polygon.

IT'S A FUCKING SCAM! Stay away from this crap.

0 sats \ 1 reply \ @lendasat OP 29 Nov

Nope, we're providing a concrete solution to get a debit card while keeping your corn.

0 sats \ 0 replies \ @DarthCoin 29 Nov

Look dumb ass... Seems that you still don't get it WHY we are in this thing named Bitcoin... We are here not to get the fucking rich, but to fuck all the fiat system, all the govs, all the fucking banks. In other words, to NOT use any fucking fiat. That's all.

You still don't get it? Listen To Alex then, he have some words for you.

All you are doing with this crap lendasat and VISA cards filled with bullshit shitcoins, is that you are PERPETUATING the use of fiat! You are LITERALLY the enemy of Bitcoin

Read again what it says here:

And point me to the phrase where it says: "lend your sats for shitcoins on visa cards..."

0 sats \ 0 replies \ @lendasat OP 29 Nov

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1 sat \ 1 reply \ @DarthCoin 29 Nov

SCAM ! Promoting the use of fiat using shitcoin!

0 sats \ 0 replies \ @lendasat OP 29 Nov

Nope, we're providing a concrete solution to get a debit card while keeping your corn.

0 sats \ 1 reply \ @anon 29 Nov

This would smell better if it was clear upfront what is the interest rate of the loan, max LTV and liquidation LTV.

Just 3 numbers. 1, 2, 3.

Your web site should start with those, unless you want to deliberately obfuscate that.

11 sats \ 0 replies \ @lendasat OP 29 Nov

This would smell better if it was clear upfront what is the interest rate of the loan, max LTV and liquidation LTV. Just 3 numbers. 1, 2, 3.

Sorry for that, we forgot to add the pic we planned to embed in the article. As we answered to @IamSINGLE above:

For this phase of the closed beta, our lender offers 3 loan options.

Each loan offer has its own collateral requested by the lender. However, you can put more collateral if you want to, or add collateral when the loan is ongoing. As we go further in the next phase of the beta, and for our public release, rates and tvl will be 100% market driven with lenders in competition.

Your web site should start with those, unless you want to deliberately obfuscate that.

Our website is explaning what we are building and collecting the email for those who are interested to get updates.

For our CLOSED beta, you need to get invite codes from our discord server. Then, you can have ALL the informations on our FAQ, and from the actual app url.