An independent blockchain that runs parallel to a main chain, connected via a two-way peg.
An independent blockchain that runs parallel to a main chain, connected via a two-way peg. Lygos Finance refuses to compromise on security; rather than moving user collateral to vulnerable sidechains, we utilize native DLCs to secure large loans directly on the Bitcoin mainnet.
Sidechains allow assets to be moved from a primary blockchain (like Bitcoin) to a parallel network to take advantage of faster transaction speeds or advanced smart contract capabilities. However, because sidechains operate their own consensus mechanisms, they typically sacrifice the rigorous security guarantees of the main chain.
Lygos Finance refuses to compromise on security; rather than moving user collateral to vulnerable sidechains, we utilize native DLCs to secure large loans directly on the Bitcoin mainnet.
Understanding Sidechain 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.