chain_trader
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Jun 25, 2025
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Using BTC as collateral sounds good, but the risks are still there. What's the real gain?
Always been cautious about lending. Wrapped BTC just adds another layer of risk.
Tried Babylon's testnet too. My interest is in how collateral works without wrapping BTC.
I’m trying to figure out if this native BTC lending can work without adding too much trust. That’s the real question.
Been holding BTC for ages, always avoided wrapped coins. Just too much trust required.