$BTC
I keep 5 $BTC , but suddenly I need $50,000 in USDT as a short-term loan.
The market is in an uptrend, and I believe BTC can still reach $100,000. Selling it now would feel like a waste. 😅
I suggested that a friend use DeFi lending with BTC as collateral. But the problem is that many protocols have interest rates that change constantly, making costs and risks much harder to manage.
After about an hour of research, I found @TermMax interesting because it offers borrowing with a fixed interest rate.
I can use 5 BTC as collateral to borrow $50,000 in USDT, with an LTV of only about 12.8–13.3%—which is relatively conservative for the size of this loan.
The steps are very simple:
→ Choose collateral such as WBTC or cbBTC or wstrBTC…
→ Select the market and the maturity date
→ Lock in the interest rate in advance
→ Receive USDT
If you’re interested, you can check directly in the TermMax app to see whether the WBTC/USDT market (or an equivalent market) still has available capacity.
That way, I get the $50,000 I need for short-term expenses without having to sell BTC. 🚀
#TermMax $ETH $SOL
I keep 5 $BTC , but suddenly I need $50,000 in USDT as a short-term loan.
The market is in an uptrend, and I believe BTC can still reach $100,000. Selling it now would feel like a waste. 😅
I suggested that a friend use DeFi lending with BTC as collateral. But the problem is that many protocols have interest rates that change constantly, making costs and risks much harder to manage.
After about an hour of research, I found @TermMax interesting because it offers borrowing with a fixed interest rate.
I can use 5 BTC as collateral to borrow $50,000 in USDT, with an LTV of only about 12.8–13.3%—which is relatively conservative for the size of this loan.
The steps are very simple:
→ Choose collateral such as WBTC or cbBTC or wstrBTC…
→ Select the market and the maturity date
→ Lock in the interest rate in advance
→ Receive USDT
If you’re interested, you can check directly in the TermMax app to see whether the WBTC/USDT market (or an equivalent market) still has available capacity.
That way, I get the $50,000 I need for short-term expenses without having to sell BTC. 🚀
#TermMax $ETH $SOL