1-10
Today I’ll show you how we can pay for Rent and Living Expenses with our #Bitcoin without selling them.

Using #ZERO from @SovrynBTC , a #DEFI platform running on @RSKsmart , a sidechain that uses #BTC as its native currency as it is merged mined by the BTC miners 2-10
All we need to get started is some #Bitcoin and an @RSKsmart enabled wallet, I personally use @Liquality_io , but @MetaMask or @defiantApp work as well.

We exchange our #BTC for #RBTC using the #FastBTC bridge from @SovrynBTC at live.sovryn.app/fast-btc/depos…

1/10
Understanding the "ZERO Stability Pool".

#ZERO is the new product released by @SovrynBTC using @RSKsmart

A #DEFI platform using #SmartContracts on #Bitcoin to allow users to borrow against their assets with NO interest 2/10
A key element to understand, and what makes this #DEFI protocol different from centralized lending platforms like #Celsius is the Stability pool.

In short it is set up to punish risk takers and preserve the funds prudent actors

1/14
With everything that is happening with the blacklisting of tornado cash, #USDC and #USDT. With all the Risks of centralized exchanges becoming obvious after #Celsius. And with #Terra showing us what can happen with faulty designs… 2/14
I would like to explain a little about the @RSKsmart (#Rootstock) ecosystem and why I am such a big believer in it.
Firstly, it is secured by the #Bitcoin miners
Secondly, almost all the fees get paid to the #BTC miners, making the main chain stronger

1/11 - The future of Bitcoin lending
ZERO is a new protocol released by @SovrynBTC , a #DEFI platform built on #Bitcoin, using the @RSKsmart side chain, which combines #Ethereum Smart contract capabilities and the #BTC miner infrastructure. 2/11
We’ve all heard what has happened in the last days with things like #Celsius imploding and other #CEFI running into problems.
They were using clients colateral to bet on the market and in the end, the users had to pay the costs.
There is a clear need for a better system.