What Is Cadena Bitcoin? | How to Lend, Borrow & Earn with Your Bitcoin

Hi, my name is Kevin Bell. I am the founder of Cadena Bitcoin. Cadena Bitcoin builds financial services for growing the Bitcoin economy. Everything we do here is based on Bitcoin's ethos of "not your keys, not your coins." We've built a marketplace where Bitcoin borrowers leverage their exposure and lenders earn fixed fiat yield secured by Bitcoin. By matching borrowers and lenders directly, On the Bitcoin blockchain, we cut out a lot of third parties and eliminate counterparty risk for our users.

Come see how it works. Users can set up a new account at kadena.com. The new user will need to download the app available in the App Store and Google Play and follow the new user flow: generate, import, or enter an externally generated seed phrase. Again, Kadena never has access to your seed phrase or your coins which only you control. You will notice that our platform does not require KYC. This marketplace offers fixed-length contracts that settle at the end of the term. There are no margin calls or liquidations. Lenders earn fixed fiat returns secured by Bitcoin collateral. Borrowers secure the economic upside of the collateral, leveraging their position, allowing them to use capital elsewhere, or ho— deal more Bitcoin. This is done by putting an order into the platform. Orders can be executed at market rates, and limit orders can also be used to leave a rate at which you want to borrow or lend. Once an order's executed, it also needs to be signed with the Signer app. This gives Kadena the signature information, but not your keys, for Kadena to broadcast the transaction on the Bitcoin blockchain. There you have it, the future of financial services, decentralized, and with full self-custody. Thank you for your interest in Kadena Bitcoin.