Decentralized Bitcoin Lending Protocol

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Decentralized Bitcoin Lending Protocol

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Direct Quote

"We believe there's a lot of demand for good, decentralized, truly self-custodial borrowing of stables against your Bitcoin."

Market Gap

Limited options for decentralized borrowing against Bitcoin exist.

Bitcoin holders often find themselves in need of liquidity but do not want to sell their assets. Currently, many lending protocols are centralized or require custodial services, which can compromise the security and control of the assets. This presents a significant gap in the market for a decentralized lending protocol that allows users to borrow stablecoins against their Bitcoin holdings in a secure, self-custodial manner. Without such a solution, users may resort to traditional financial avenues that lack the transparency and decentralization ethos of the cryptocurrency space.

Summary

The proposed business idea is to establish a decentralized lending protocol on StarkNet that allows users to borrow stablecoins using their Bitcoin as collateral. This protocol would utilize the StarkNet ecosystem's efficiency and security features, ensuring low transaction costs and a seamless user experience. By integrating a robust incentive program, such as the STRK token rewards, the platform would attract users looking for liquidity solutions without relinquishing control over their assets. The protocol would cater to both retail and institutional investors, enhancing the overall DeFi offerings on StarkNet.

Categorization

Business Model
SaaS
Target Founder
Technical
Difficulty
Medium
Time to Revenue
< 1 month
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$4,000 - $8,000 MRR
Moderate (Most Likely)
$12,000 - $20,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
8/10
Feasibility
6/10
Market Potential
9/10
Evidence
8/10
Overall
7.6/10
Found on September 30, 2025 • Analyzed on September 30, 2025 8:22 PM

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How should I validate this saas idea before building it?

2:34 PM

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  3. Competitor analysis: Research existing solutions and identify gaps

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