# SatsTerminal Lending

## Docs

- [Architecture](https://lending.satsterminal.com/architecture.md): How the protocol is built, and why each choice is deliberate.
- [What's different](https://lending.satsterminal.com/differentiation.md): How SatsTerminal Lending compares to every venue you've already evaluated.
- [For capital providers](https://lending.satsterminal.com/for-lenders.md): The LP case, risk shape, yield surface, withdrawal mechanics, mainnet path.
- [How it works](https://lending.satsterminal.com/how-it-works.md): The protocol, end to end, on one page.
- [SatsTerminal Lending](https://lending.satsterminal.com/index.md): On-chain lending, built natively on Bitcoin.
- [Risk framework](https://lending.satsterminal.com/risk-framework.md): Each class of residual risk, identified, bounded, and disclosed.
- [Roadmap](https://lending.satsterminal.com/roadmap.md): From testnet to the Bitcoin DeFi standard, staged for capital providers.
- [Security](https://lending.satsterminal.com/security.md): Trust the math, not the team.
- [The thesis](https://lending.satsterminal.com/thesis.md): Why Bitcoin. Why lending. Why now.
- [Why SatsTerminal](https://lending.satsterminal.com/why-satsterminal.md): Bitcoin has the collateral. SatsTerminal turns it into productive capital, without compromise.

## OpenAPI Specs

- [openapi](https://lending.satsterminal.com/api-reference/openapi.json)