Summary
Lava is pioneering Bitcoin-backed financial freedom with its Bitcoin Line of Credit (BLOC), empowering users to unlock dollar liquidity instantly—without selling their BTC or triggering taxable events. With radically transparent terms, you can borrow up to 50% of your Bitcoin’s value at a fixed interest rate (starting at 5% for early users), and pay a single 2% annual capital charge based only on your highest balance—no hidden fees, no monthly payments, and no fixed maturity. Lava’s approach is available globally, designed for maximum flexibility and user empowerment, and led by CEO Shehzan Maredia. The platform is recognized for its community-driven ethos, competitive pricing, and commitment to helping Bitcoiners HODL while living fully in dollars. For more, see Lava’s FAQ or sign up.
- What is the Lava Bitcoin Line of Credit (BLOC)? * The BLOC lets you borrow dollars against your Bitcoin instantly, up to 50% of your BTC’s value, with no monthly payments or fixed terms—repay whenever you want (FAQ).
- How does the capital charge work? * You pay a single 2% annual fee based on your largest outstanding balance during the year, not on every drawdown or repayment (FAQ).
- Is the interest rate fixed? * Yes, your interest rate is fixed for a year and updates annually; for launch, it’s 5% for new loans (source: CEO Shehzan Maredia).
- Are there mandatory payments or a maturity date? * No, there are no required monthly payments and no fixed maturity—pay down or close your line at any time.
- How do I avoid liquidation? * The app displays your LTV and liquidation price; you’ll receive multiple notifications if you approach liquidation, and you can add more BTC or pay down your balance at any time. Lava also offers liquidation protection for extra peace of mind (FAQ).
“The Lava line of credit is the most flexible way to borrow against your bitcoin. It allows you to instantly and securely unlock your bitcoin’s purchasing power at any time without incurring taxable events and without giving up your bitcoin upside.” — Shehzan Maredia, CEO (source)
Ready to unlock your Bitcoin’s value without selling? Sign up for Lava and experience true Bitcoin-native financial freedom.
