A crypto community term meaning to hold Bitcoin long-term rather than selling, originating from a 2013 misspelling of 'hold.'
A crypto community term meaning to hold Bitcoin long-term rather than selling, originating from a 2013 misspelling of 'hold.' Lygos is built for HODLers. Instead of selling your Bitcoin and losing your long-term position, you borrow against it. Your BTC stays locked in a DLC on the Bitcoin blockchain, and you never give up ownership. When the loan is repaid, your full collateral is returned. You access cash today while maintaining exposure to Bitcoin's future appreciation.
HODL originated from a misspelled Bitcoin forum post in 2013 ('I AM HODLING') and has since become the defining ethos of long-term Bitcoin holders. HODLers believe in Bitcoin's long-term appreciation and refuse to sell regardless of short-term volatility. The HODL strategy has been vindicated over most multi-year periods in Bitcoin's history. However, HODLing creates a liquidity problem: holders may need cash for living expenses, business opportunities, or other investments, but selling Bitcoin triggers capital gains taxes and surrenders future upside. Bitcoin-backed loans solve this dilemma by letting you access liquidity while continuing to HODL.
Lygos is built for HODLers. Instead of selling your Bitcoin and losing your long-term position, you borrow against it. Your BTC stays locked in a DLC on the Bitcoin blockchain, and you never give up ownership. When the loan is repaid, your full collateral is returned. You access cash today while maintaining exposure to Bitcoin's future appreciation.
Understanding HODL helps you evaluate how different platforms handle your Bitcoin. Not all custody models are equal, and the technical details determine whether your BTC is truly safe.
Starting at 10% APR, $0 origination fees, and DLC-secured collateral on the Bitcoin blockchain.