Took out a variable-rate loan against crypto once, 2021, right before rates spiked overnight. Watched my liquidation threshold creep closer for a week straight, no warning, no way to lock anything in. Got out barely in time. Swore I'd never touch a floating-rate position again without a way to fix it.
Babylon's Trustless Bitcoin Vaults are what finally makes that possible for Bitcoin. Native BTC locked in a script you co-sign, no custodian, no bridge. Aave v4 already approved native BTC as collateral, $5.6B+ staked, verified onchain through BitVM3.
Still wondering — does fixed-rate lending actually remove the risk I got burned by, or just move it somewhere I won't see coming until it's too late again?
@BabylonLabs_io $BABY #baby
Babylon's Trustless Bitcoin Vaults are what finally makes that possible for Bitcoin. Native BTC locked in a script you co-sign, no custodian, no bridge. Aave v4 already approved native BTC as collateral, $5.6B+ staked, verified onchain through BitVM3.
Still wondering — does fixed-rate lending actually remove the risk I got burned by, or just move it somewhere I won't see coming until it's too late again?
@BabylonLabs_io $BABY #baby