Lendasat: A Deep Dive into Escrow-less Bitcoin-Collateralized Lending
· 7 min read
In August 2024, Lendasat introduced a novel loan protocol, designed to address the inherent risks of custodial lending platforms. By leveraging Bitcoin's self-custodial nature, the Lendasat protocol allows borrowers to secure loans without transferring ownership of their assets. If you haven’t had a chance to explore our whitepaper, this blog post will guide you through the protocol and its advantages.