Jay Patel

Matthew Black and Jay Patel, co-founders of Lygos Finance, share insights from their backgrounds in Bitcoin and lending. They discuss why non-custodial loans are the future, focusing on Discreet Log Contracts as the potential 'Holy Grail' for Bitcoin-backed lending. The conversation delves into institutional interest in Bitcoin as collateral, and the notable differences in interest rates between DeFi and CeFi. Listeners will also learn about Lygos' approach to provide loans while keeping borrowers' keys secure.