Jack Mallers’ Strike launches ‘volatility-proof’ bitcoin loans built to protect against liquidation
The Block·
60-second summary
Jack Mallers' Strike platform launches 'volatility-proof' bitcoin loans, offering a new layer of protection against liquidation. Borrowers can partially liquidate collateral if they miss an interest or maturity payment and fail to pay within a grace period, typically 7-14 days.
Collateral can be partially liquidated, however, if a borrower misses an interest or maturity payment and fails to pay within a grace period.