Pol Martin

CEO at @randapp

[Pol Martin @PolMartin_]

@inversormusical @randapp Estamos en ello!

[Pol Martin @PolMartin_]

BREAKING: Today, we are launching the Rand Credit Line 🚀

You can now borrow EURC against your Bitcoin or Ethereum at a fixed 8% APR, one of the lowest rates available today.

As Europeans, we're especially excited about this launch because it's designed for people who live in euros. Most crypto-backed loans are USD-denominated, which creates significant FX risk for anyone whose primary currency isn't the dollar.

Last year alone, EUR/USD moved more than 12%, and with the current escalation of global conflicts, stable FX rates over the next 12 months look unlikely.

To wrap up, you can now stay invested in BTC and ETH without sacrificing liquidity or triggering capital gains (depending on the country), and without FX risk between the day you borrow and repay.

The Credit Line feature is now available on Android and coming soon to iOS.
Read more here: https://t.co/upa9WI97KO

[Rand @randapp]

Meet the new Rand Credit Line! 🚀

Need liquidity but don’t want to sell your Bitcoin or Ethereum? Now you don’t have to.

Use your crypto as collateral, receive EURC, and send it straight to your bank in euros — no off-ramp fees, no currency exchange risk.

✔ 8% fixed annual rate
✔ No mandatory repayment schedule
✔ Repay anytime & get your crypto back
✔ Borrow up to 50% of your crypto’s value

Available on Android, coming soon to iOS.

[Pol Martin @PolMartin_]

The majority of people still have not realized how lucky we are to be alive in this moment in time. Insane.

[Aravind Srinivas @AravSrinivas]

https://t.co/fkS3HEWF8w

[Pol Martin @PolMartin_]

@SethGRosenberg @Wealthsimple @Revolut @get_aspora 100% agree

[Pol Martin @PolMartin_]

@syrupsid @Dune @maplefinance 🐐🔥

[Pol Martin @PolMartin_]

@NoahEpstein_ @grok how is you data secure wity Clowdbot?

[Pol Martin @PolMartin_]

@0xkekov Ouch

[Pol Martin @PolMartin_]

@SuhailKakar We have done this at @randapp

€60M all time AUM, and growing.

[Pol Martin @PolMartin_]

@HadickM Good stuff!

[Pol Martin @PolMartin_]

@HadickM 100%

[Pol Martin @PolMartin_]

@0xCryptoSam @ether_fi The hard part of this is finding someone that is willing to loan small and unpredictable amounts at 0%. This would make sense at an huge scale but at small scale (with all the options available to deploy capital) this would make very little sense for a lender/capital allocator

[Pol Martin @PolMartin_]

@Bouazizalex Insane.

[Pol Martin @PolMartin_]

@borjaneira_ Great post man! Would love to chat with you about this. We have some ideas on this.

[Pol Martin @PolMartin_]

@0xLcrgs @0xNeothon @blue_clarity @aave You can earn 6,5% on EURC in @randapp

[Pol Martin @PolMartin_]

@stutireal @MorphoLabs @PaulFrambot It’s not about DeFi, CEX or TradFi, it’s about understanding where your yield is coming from.

Many of the products are hedge fund strategies with high execution and market risk wrapped under a “Earn” product. This makes no sense, and it creates a fundamental risk to retail.

[Pol Martin @PolMartin_]

@not_HIPSTR @itstuyo Indeed

[Pol Martin @PolMartin_]

@ArcherHL_ @laurentzeimes 100% fake😂

[Pol Martin @PolMartin_]

@laurentzeimes This is not because banks can’t do it or don’t want to do it.

Generally Europeans don’t like to own money, there is no culture around using credit.

The post is misleading