In a move that would make even the Auditors of Reality scratch their heads, Atomic Finance’s masterminds, Tony Cai and Matthew Black, have decided their DLC (discreet log contract) wizardry is too good for the common folk. 🎩✨ Thus, they’ve conjured Lygos, a shiny new non-custodial bitcoin lending platform led by Jay Patel and Francis Corvino, who presumably know their way around a ledger better than a dwarf knows gold.
Atomic’s old infrastructure-which somehow managed to juggle $140 million in volume and $25 million in BTC TVL without a single hack (take that, Ankh-Morpork’s thieves’ guild!)-is now pivoting to serve the fancy-pants institutional crowd. 🏦 Lygos promises to deliver bitcoin-native credit products that keep collateral on Bitcoin L1 and issue stablecoins on Ethereum, because why use bridges when you can build a magical portal instead? 🌉✨
Loans will range from a modest $25,000 to a jaw-dropping $100 million, all secured with DLCs for deterministic loan outcomes and oracle price attestations. Meanwhile, Atomic’s consumer app is being shown the door like a wizard who’s overstayed his welcome at the Unseen University. Users, take note: hold onto your seed phrases tighter than a troll holds onto its treasure! 🌱🔒
The founders call this a “third way”-somewhere between custodial counterparty risk and the smart-contract chaos that’s left DeFi looking like a Discworld market day after a dragon’s visited. 🧙♂️💥 Lygos is now onboarding its first batch of lenders and borrowers, so if you’ve got deep pockets and a taste for adventure, this might be your next grand quest. Just remember: in the world of finance, the only constant is change… and the occasional audit by the Death of Rats. 🐀✍️
Read More
- NEXO PREDICTION. NEXO cryptocurrency
- STETH PREDICTION. STETH cryptocurrency
- FTN PREDICTION. FTN cryptocurrency
- Silver Rate Forecast
- Gold Rate Forecast
- Brent Oil Forecast
- EUR CHF PREDICTION
- USD HKD PREDICTION
- SHIB PREDICTION. SHIB cryptocurrency
- TRUMP PREDICTION. TRUMP cryptocurrency
2025-08-29 14:57