Firefish

"Trust us with your Bitcoin" is how three lending platforms started. You know how they ended. Firefish has been built on a different premise. Not a better policy. A different architecture. One where mishandling your collateral isn't against the rules. It's cryptographically impossible. ✅3-of-3 multisig escrow ✅Public source code ✅Automated scanning on every code change ✅Real-time production monitoring ✅FIDO2 hardware keys and role-based access controls on the ops side And the whole thing written in Rust. $160M+ processed. +5000 BTC collateralized. No security incidents. The full breakdown of how it works? Linked in the comments.

@ArpadMuranyi That was the idea. Sorry about that, now you can rest peacefully 🫡

@firefish_io OMG. You shocked me for a few seconds. Thanks for reminding me of the power of surprise.

🎉Exciting news 🎉 Firefish is launching the $FFISH token. 20,000,000 total supply. (Even scarcer than Bitcoin) 98% owned by the Firefish Foundation. 1% community airdrop. Governance voting on what to do with the remaining 1%. Staking rewards. Re-staking rewards. Staking the re-staking rewards. NFT-backed loans. A DAO within a DAO. A whitepaper (with credits to ChatGPT and Claude). A Discord with 14 admins and a bot named Gary. We are also solving the blockchain trilemma using quantum AI cloud IoT technologies. It works. Too complicated to explain. Cross-chain. Omnichain. Chain-agnostic. Coming soon: exclusive partnership with @dogecoin. Keep your eyes peeled for the FishDoge airdrop. This is the future of decentralized Bitcoin-backed peer-to-peer community-governed liquidity infrastructure.

That said, we don’t think DLCs are a dead end. We’re working on a different direction: “Eventless oracles” Model that could better fit lending and other continuous systems. Stay tuned.

Discreet Log Contracts (DLCs) are often presented as a natural building block for non-custodial Bitcoin-backed lending. We challenge this view. We argue that DLCs are a significantly weaker fit for Bitcoin-backed lending than is commonly assumed. Here's why: ✅Price liquidation is not a fixed-date event ✅Collateral top-up changes the conditions of the loan ✅Oracle infrastructure is not ready ✅Evidence from the industry Stop spreading the view that DLCs are a good fit for Bitcoin-backed lending. Read our full breakdown. Link in the comments.

Watch here: youtube.com/watch?v=ffObzZ…

This explains a lot in 10 mins. (Share it with a friend) @AdamBLiv on why most Bitcoin loans are broken, and what Firefish does differently. Full video linked below 👇

@firefish_io For context: how the Firefish protocol works docs.firefish.io/firefish-proto… 👉DLC-inspired. 👉Open source.

Here's our take: firefish.io/resources/why-…

Borrow fiat or stablecoins against your Bitcoin. No credit checks or paperwork. ✅Loans starting at €800 ✅Interest rates from 5% ✅3 - 24 month terms ✅50% LTV ✅Bullet repayment Available globally.

@Vladcostea Podcast deal in exchange of allocation? 😀

@firefish_io How can I invest?!

@firefish_io Can I pay in KitKat bars?

@daniel_tanaka_ Bitcoin-only since Day 1.

@firefish_io 騙されました😂

ビットコインオンリー企業？がミームコイン発行してて草しか生えないw こうでなくっちゃ！😆 クリプトはマキシ臭の強い人間だけで完結する訳じゃないし昔はそんなに頑なにビットコインオンリーだなんていう人いなくてみんなしてふざけてワイワイしていたので、僕はこういうのアリだと思いますよ👏

We were not hacked. We did receive several exchange listing offers today. We are flattered 🤣 FFISH is not real. At least not in our plans or roadmap (probably returns on April 1st next year). No token, no DAO, no Gary. It's April's Fools Day (just in case). Firefish has been Bitcoin-only since day one, and will remain so. If you want to do something useful with your Bitcoin: firefish.io

@BTCVillager Feel free registering & trying the platform out!

By the way, is @firefish_io active in US?

1/x For years, if you tried to buy a house using your Bitcoin wealth, the banks told you to kick rocks. They forced you to sell your Bitcoin into fiat (triggering massive taxes) just to prove you had a down payment.

@nikki_sunset Bitcoin-only since Day 1, and that's never changing 🙌

@firefish_io I thought your account got hacked for a second 😂😂 then realized today is the fools day

@firefish_io Because.. We thought you got Bitcoin, actually believe in it, and don’t feel the need to make up similar nonsense? 🤔

@alberto_mera Next podcast discussion?

@firefish_io Finally! 🤣🤣

@martin_polak_21 The DAO will vote on this. It's in the roadmap.

@firefish_io I'm in only in case that real Nemateleotris magnifica including aquarium and water is delivered with the airdrop.