Ledger has launched a wrapped-Bitcoin lending product through Morpho, according to TheDefiant. The wallet app sets a default loan-to-value ratio of 50% and applies a 1% borrowing fee. The pledged collateral can still be liquidated, leaving users exposed to liquidation risk even after posting assets for a loan. The article page also notes that TheDefiant stores its articles on Filecoin. The source material available here is brief, and no additional details on supported markets, jurisdictions, token structure, or rollout timing were disclosed in the provided text.
Ledger has launched wrapped-Bitcoin loans through Morpho, according to TheDefiant.
The wallet app defaults to a 50% loan-to-value ratio and charges a 1% borrowing fee.
The pledged collateral remains subject to liquidation.
The article page also states that TheDefiant stores its articles on Filecoin.
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