Strike CEO Jack Mallers rolled out a new bitcoin-backed loan product on July 7 that removes price-triggered liquidations from the loan term entirely. The product, called volatility-proof loans, lets borrowers keep their bitcoin in place no matter how far the price falls, as long as they keep making payments. Mallers posted the announcement on X: […]
Source: https://news.bitcoin.com/jack-mallers-strike-cuts-bitcoin-loan-terms-to-6-months-to-kill-price-liquidations/
