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Jack Mallers' Strike Cuts Bitcoin Loan Terms to 6 Months to Kill Price Liquidations
This week, Strike dropped price liquidations from bitcoin loans. Jack Mallers explains the new terms and who they fit.
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theblock.co
Jack Mallers' Strike launches 'volatility-proof' bitcoin loans built to protect against liquidation
Collateral can be partially liquidated, however, if a borrower misses an interest or maturity payment and fails to pay within a grace period.
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cryptobriefing.com
Strike launches protected bitcoin-backed loans to prevent liquidation
Strike launches volatility-proof bitcoin-backed loans that eliminate price-based liquidation triggers, requiring only that borrowers maintain scheduled
