Blockfi
Coverage of Blockfi in the Nexus archive.
- Finally thinking about putting my BTC to work instead of just holding anyone actually borrowing against their stack?
A Bitcoin holder seeks advice on borrowing against their BTC as collateral to access liquidity while maintaining tax efficiency and price exposure. The person expresses concern about custodial risks following the collapse of platforms like Celsius and BlockFi, and asks for trustless alternatives that don't require wrapping or bridging assets.
- Bitcoin-backed loan vs. small mortgage
The author is considering options to finance a new home purchase, including taking out a small mortgage or a bitcoin-backed loan. They are hesitant due to high APR and risks associated with bitcoin loans. The author is seeking advice on the best course of action.
- What's the safest way to stake ETH?
The author is looking for a non-custodial Ethereum staking option that is liquid and allows for instant exit while still earning. Solo staking requires 32 ETH and has a long unstaking delay, while using Coinbase or Binance means giving up custody. The author wants to know what others are using.