Liquidium Update: 50 Completed Loans

in LeoFinance15 days ago

I have been using Liquidium for several months now. So far it has been a pleasant experience, and I will continue using their services.

But, What Is It?

Liquidium is a leading peer-to-peer lending protocol on Bitcoin's blockchain. Users can borrow or lend Bitcoin using various Bitcoin-based assets like Ordinal Inscriptions, Runes, and BRC-20 tokens as collateral. It operates directly on Bitcoin's layer-1.

I currently have successfully completed 50 loans; earning .01067 BTC in interest.

It does not come without any risk, however. I have been liquidated 6 times. This generally happens when the price of the collateral is less than the loan. But I was fortunate enough to be able to sell them all for profit.

Posted Using InLeo Alpha

Posted Using INLEO

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My first time hearing about the platform , let me go and check the platform and try their service