We are pleased to announce that Cygnos has started accepting registrations of "Borrow Bitcoin" for advanced use.
About "Borrow Bitcoin"
You can borrow Bitcoin from Cygnos by posting stable coins as collateral.
If you would like to use in advance, please fill in the in the following form. We will inform you of the details as they become available.
The detailed conditions of use have not yet been determined, but are currently assumed to be as follows
- Target Users： Corporations
- Collateral：Cryptocurrencies, stablecoins and JPY (Under Consideration)
- Loan：1 BTC or more
- Amount of Collateral：2-5 times to loan
- Duration：1 month or more
- Rate：APY 4.5%~7.0%