Strike has introduced a new Bitcoin-backed loan product designed to eliminate margin calls and price-based liquidations, allowing borrowers to keep their Bitcoin collateral intact despite market volatility. While borrowers avoid forced selling due to price drops, they must still make timely payments to avoid collateral liquidation. The product features higher interest rates and lower loan-to-value ratios to manage risk, aiming to provide a safer borrowing option for Bitcoin holders needing cash without selling their assets. This launch addresses trust issues in the crypto lending market by reducing fears of forced liquidation during Bitcoin price crashes.
Strike introduced a new Bitcoin-backed loan product that eliminates forced liquidations caused by Bitcoin price drops, allowing borrowers to keep their collateral even during sharp declines. The loans have a maximum 45% loan-to-value ratio, six-month...
Strike has introduced a new Bitcoin-collateralized loan product that protects borrowers from margin calls and automatic liquidation even if Bitcoin's price falls significantly, as long as payments are made on time. The loans carry higher interest rat...
Strike introduced a new Bitcoin-backed loan product that eliminates forced liquidations caused by Bitcoin price volatility. Borrowers can keep their Bitcoin collateral even if prices fall sharply, but must repay on time or risk losing it. The loans o...
Starknet's v0.14.3 upgrade goes live on July 8, introducing dynamic gas fees linked to STRK token price and network congestion, a 30% reduction in target gas per block for faster block production, and a shift to quantum-resistant BLAKE hashing. These...
