Draw currencies
Each draw is denominated in BTC or USD, chosen at the time of the draw. BTC draws keep the facility fully BTC-denominated and carry the lower rate. USD draws are available when you need dollars for fiat obligations, priced by the draw terms.Reserve yield
Undrawn BTC reserves backing the line earn 2% APY. Because the reserve keeps earning while it secures the facility, the effective cost of the line is the spread between the draw rate and the reserve yield, applied only to the balance actually drawn.Illustrative 12-month example
Indicative. Yields and rates shown are forward-looking targets subject to market conditions. Qualified counterparties only.