As per title.
AAVE is tried and tested and is trustless, but doesn't lend money against BTC (with the exception of non-censorship resistant versions of it like WBTC or cbBTC). So best bet is to lend against ETH which is also censorship-resistant.
So is there anything truly censorship-resistant where one could borrow USDT/USDC against BTC as collateral?
Obviously not interested in custodians, CEXes or any other non-censorship resistant options.
Also not interested in "Bitcoin layer2s" as they are not censorship-resistant at all.
Basically looking for a safe way to borrow fiat against BTC without risking losing that BTC to some nefarious actors.
Thanks
AAVE is tried and tested and is trustless, but doesn't lend money against BTC (with the exception of non-censorship resistant versions of it like WBTC or cbBTC). So best bet is to lend against ETH which is also censorship-resistant.
So is there anything truly censorship-resistant where one could borrow USDT/USDC against BTC as collateral?
Obviously not interested in custodians, CEXes or any other non-censorship resistant options.
Also not interested in "Bitcoin layer2s" as they are not censorship-resistant at all.
Basically looking for a safe way to borrow fiat against BTC without risking losing that BTC to some nefarious actors.
Thanks
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