reply on: How to Borrow Against Your Bitcoin, or: Overcollateralized Loans are Inefficient \ stacker news ~econ

pull down to refresh

I see. Similar to Debifi except it does it all defi using stable coins like a shitcoin Aave loan.

I guess? (I have no idea how that works).

Upside of FF is exactly that it abstracts from all of that (no blockchain custody, no shitcoin; just Bitcoin itself + two fiat banking payments)

That is better