We had a great launch last night - special thanks to everyone who came and contributed.
Very excited about showing libre.org to the world - after all the years of hard work by so many different teams around the world, to make this - native bitcoin lending - a possibility.
Go and try it out with as little as $200 in bitcoin.
I’ll be making some more videos and explaining how it works over the next few weeks.
Native Bitcoin lending is LIVE.
The first of its kind: pristine Bitcoin, collateralized.
- 30 day loans auto-extend*
- No rehypothecation
- Fully transparent & onchain
- 72 hour liquidation protection
📢 Libre DEX is LIVE!
In order to improve the trading experience of our users, we have launched Libre DEX with all the features that will help you trade LIBRE/BTC and BTC/USDT.
🧵⤵️
At Libre, we continue to work on building applications and platforms that allow you to access Bitcoin without friction, with technology that is easy for everyone to use.
Happy trading: defi.libre.org/dex/btc-usdt
Thank you for being part of Libre!
🔚
📢 Lightning Network Disabled in Bitcoin Libre
At Bitcoin Libre, we are always looking to improve our users' experience when making bitcoin transactions on the Libre network, the native bitcoin network and the Lightning network.
🧵⤵️
Libre.org waitlist stats (self-reported, so take with a grain of salt):
1/3 want to lend, 2/3 want to borrow
1,124 BTC ($100M) in collateral (seeking bitcoin-backed loans)
$17M in USDT liquidity (seeking yield)
Based on just 300 responses, if even half of this is real, the demand is insane.
In just a few weeks - you will be able to borrow against your Bitcoin for only 9% on Libre.
How is this possible?
Libre has a permissionless pool of USDT liquidity that earns 8%.
Best of all - your Bitcoin remains your Bitcoin.
When you pay back your loan - you get back your BTC not someone else's - no rehypothecation. No mixing.
You can see your BTC any time in it's own segregated vault address - which is basically institutional-grade custody using MPC sharding (TSS) - no private keys.
Waitlist is open now.
Bitcoin and DeFi haven't always been a match made in heaven, but @libreblockchain's aiming to fix that. 🔥 Imagine using BTC for DeFi with no extra tokens, no weird hoops to jump through, and basically zero fees. That’s what Libre's about: scaling Bitcoin, keeping things simple, and making DeFi work seamlessly. No VC funding, just a fair launch, and it's already live with some cool stuff like their DEX and BTC-USD swaps.
Wanna know how they're pulling it off? Get the details here👇
🔗link.medium.com/keydTCXO8Nb#libre#bitcoin#HighTower#htwtech
🔥 Exciting times ahead!
Libre Crosslink is reshaping #Bitcoin lending with a truly decentralized bridge, sharding wallet keys across multiple nodes. No central API, no trust issues! 🚀 #DeFi#Cryptoblog.libre.org/the-power-of-…