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0 sats \ 0 replies \ @lendasat OP 29 Nov \ parent \ on: BLACK FRIDAY: Borrow against your Bitcoin for a Virtual Visa - No Fees AGORA
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
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