Self-executing computer code deployed on a blockchain that automatically enforces agreement terms.
Self-executing computer code deployed on a blockchain that automatically enforces agreement terms. Lygos Finance utilizes Discreet Log Contracts (DLCs), a highly secure, privacy-focused form of smart contract native to Bitcoin, to securely manage non-custodial loans up to $50M.
Smart contracts remove the need for human intermediaries by executing predefined actions when specific conditions are met. They are immutable and transparent, forming the foundation of all Decentralized Finance applications. If written poorly, they can contain vulnerabilities that hackers exploit to drain user funds.
Lygos Finance utilizes Discreet Log Contracts (DLCs), a highly secure, privacy-focused form of smart contract native to Bitcoin, to securely manage non-custodial loans up to $50M.
Understanding Smart Contract provides context for how Bitcoin lending fits into the broader financial ecosystem. DeFi concepts are reshaping how people think about borrowing and lending.
Starting at 10% APR, $0 origination fees, and DLC-secured collateral on the Bitcoin blockchain.