Bitcoin lending is getting a lot more interesting PBJ walks through @surge_credit’s new no-KYC, self-custody bitcoin line of credit - including the @PresidioBitcoin origin story, compelling UX & why its Taproot-based design is a big step forward for the space More on how Surge is reshaping bitcoin lending & what comes next ↓ Timestamps 0:00 - Surge backstory 1:14 - What is Surge 4:40 - User journey & experience 6:35 - How the bitcoin collateral works 12:23 - The oracle tradeoff 17:41 - Audits, risks, and remaining trust assumptions 24:20 - Surge's next big unlock

Big breakdown of @surge_credit today. Love it.

This week at Surge 👇 We crossed 10 BTC locked. Not custodied, locked. Taproot vaults, unilateral exit, zero rehypothecation. Verifiable on-chain right now. 1️⃣ Mon: release notes, what we shipped 2️⃣ Tue: a deep dive on unilateral exit, the property that makes the rest possible 3️⃣ Wed: why unilateral exit matters to you as a borrower, not just in theory 4️⃣ Thu: 10 BTC, plus maintenance mode while we harden security as part of our audits Don't trust. Verify. 🟧

Scheduled maintenance: June 5, 08:00–08:30 UTC (30 min). This release ships security hardening, including remediations from our ongoing security audit. 🟧 Full report to follow. ✅ Your BTC stays in your Taproot vault throughout, unilateral exit unaffected

10 BTC locked. No campaigns. No incentives. Just Bitcoiners reading the locking script and deciding it checked out. This is the curve I wanted to earn, not buy. Audits and key milestones queued up next. Heads-down for the most important stretch yet.

Which hardware wallet do you want to see @surge_credit integrate? 1. @Trezor 2. @Ledger 3. @Bitkey 4. Something else?

Monday means we ship. 🟧 Mobile v1.0.8 is live on Android, go update. iOS is in review, should be up soon. 🌟 What's new: · Partial withdrawals · UX polish, Explore without a credit line · Bug fixes & perf · Security improvements

What kind of affiliate/referral structure would you like to see @surge_credit build and why?

Surge Protocol — Week 8. 9.12 BTC locked in Taproot vaults. No yield bait, no rehypothecation, no press releases dressed up as traction, just quiet, week-over-week growth from holders who actually read the spec. Heads down on audits. Curve speaks for itself.

New indexer is live. Nice to see all that transparency. There is no question where your funds are with Surge. earn.surge.credit/#/market/0

Bitcoiners are conflating DeFi with the whole of crypto. Let's separate the two. 👎 Crypto is the casino, meme coins, rug pulls, tokens minted to extract from retail. 👍 DeFi is real innovation, and it deserves to be taken seriously: lending, trading, and derivatives rebuilt as open, verifiable code instead of gated systems run by a few institutions. 👓 It's time to recognize the difference. Stablecoin adoption is now real. The opening is here to make Bitcoin the underlying asset for the next wave of open DeFi.

Tried this yesterday. Super slick UX. Really nice to see non-custodial solutions delivering great UX. Curious to hear why more people aren't giving this a whirl.

Changelog, incoming. 🟧 We're building Surge in the open every meaningful update lands publicly, no exceptions. First entry: Signer v0.1.4. Hardened with mTLS across services and an MPC-TSS protocol upgrade. Phase 1 of our security audits is closing in on done. 🔗 💬

Happy Bitcoin Pizza Day 🍕 16 years ago Laszlo spent 10,000 BTC on two pizzas, not because he wanted to, but because selling was his only way to get dollars. Still is for most holders. It shouldn't be. Borrow against your Bitcoin. Buy the pizza. Keep every sat.

Independent review from @bitcoindiy is in. Surge Credit: 7.5/10 What they validated: ◆ Custody model 10/10 — "best in class" ◆ Taproot vault on mainnet, key-path spend mathematically disabled ◆ Unilateral exit: recover your BTC yourself if Surge disappears ◆ Zero rehypothecation, verifiable on-chain What's still open — and we're on it: ◇ EVM audit (in selection) ◇ DCN signers public in June ◇ No liquidation cascade survived on mainnet yet Don't trust. Verify. Review in comments. 👇

Surge Protocol · Week 7 9.04 BTC locked → 2.7% WoW Every sat verifiable on-chain. No custody, no rehypothecation, no trust required. Don't trust. Verify. 📈