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At Lendasat, our mission is to empower Bitcoiners with censorship-resistant, non-custodial lending tools, so you never have to sell your sats to access liquidity.
Lendasat already enables lending stablecoins, euros, dollars and prepaid cards, but what if we could take it even further? 👀
That's exactly where our new partner, Bringin, comes in. 🇪🇺⚡
Wealthy individuals rarely sell their appreciating assets. Instead, they follow a simple yet powerful strategy: Buy, Borrow, Die. 🔑 They buy assets that appreciate over time, borrow against those assets when they need cash, and die without ever selling-passing their wealth to heirs with significant tax advantages.
This strategy allows them to:
Enjoy liquidity without triggering capital gains taxes Maintain ownership of appreciating assets Preserve wealth across generations
What if Bitcoiners could adopt the same wealth-building approach? Over time, many Bitcoin holders have gradually stopped trying to time the market. Instead, they've adopted a simpler, and often more effective, first step: HODLing
Bitcoin is transforming the financial landscape, not just as a digital currency but arguably as the best form of collateral for unlocking liquidity. At Lendasat, we're pioneering this shift by working towards a trustless, self-custodial lending platform that lets users borrow against their Bitcoin without selling it. Let's explore Bitcoin's unmatched value as collateral and how Lendasat's innovative approach — with Discreet Log Contracts (DLCs) and integrations — make borrowing secure, simple, and practical.
On November 26, 2024, we took a significant leap forward in revolutionizing Bitcoin-collateralized loans by launching PHASE 1 of our closed beta. Now that the dust has settled, it’s time to reflect on what we’ve learned, celebrate our wins, and chart the path forward.
“Get the bread you need without having to part with your corn.” Lendasat, 2024.
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.