With bitcoin over 50% down from it's ATH, I'd say it's one of the best times to take a BTC-backed loan
Options I have personally reviewed and can recommend:
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@satora_io (2-3 multisig, no KYC)
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@LygosFinance (DLCs, KYC)
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@SatsTerminal (wrapped BTC*, no KYC)
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@Chainflip (altchain PoS**, no KYC)
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@debificom (3-4 multisig, KYC)
*wrapped BTC requires trust in the issuer e.g.
@BitGo,
@coinbase,
@TheTNetwork, EVM chains e.g. ethereum, and EVM-based DeFi protocols e.g.
@aave
**chainflip requires trust in the CF protocol FROST MPC scheme 100/150 validators who can have their FLIP token stake slashed (endogenous collateral problem)