without losing your position and may also avoid triggering a tax event. Right now, their loans are around 8.91% interest. That's 9.9% APR at a 50% loan to value. So, you keep your upside but still get liquidity. And I know the first question people ask is, "Yeah, but is it safe?" It's a good question. Figure uses MPC custody, which basically means your Bitcoin stays in its own segregated wallet. It's not being lent out, pulled, or sitting on some exchange. They also have optional
Figure uses MPC custody, which basically means your Bitcoin stays in its own segregated wallet.