Dusting Off Our BTC
How the freshness of xMINT can wake up your $BTC
Before we start
Please remember that this content is purely educational and informational in nature, and should not be considered financial advice.
I am NOT a financial advisor.
Before investing even a single dollar, make sure you fully understand what you’re doing and consider seeking guidance from qualified financial professionals.
My Little Shiny Treasure
Most of us, at least once in our lives, have fallen in love with collecting something.
Whether it was low-value items like stickers, seashells, or bottle caps…
or expensive ones like watches, art, or cars…
nobody is truly immune to the collector’s bug.
I’ve personally been collecting ancient or foreign coins and banknotes since I was a kid.
The first ones came from my grandparents — souvenirs from old trips, or simply pieces they had lying around back when they were worth nothing more than curiosity.
From there, thanks to other well-traveled relatives (especially my grandmother’s sister and a person she “adopted” shortly after WWII), the collection steadily grew.
As soon as I became old enough, I also started buying specific pieces I had been dreaming about.
Then university happened, and that passion was left tucked away in a drawer.
When I recently moved into my new home, I picked up a few things I had left at my parents’ place — including the coin and banknote collection.
I had forgotten many of the pieces in it. Most carry emotional value, gifts from people who are no longer here.
But a few silver coins have risen nicely in value over time.
Holding $BTC reminds me of that collection.
My sats mostly sit there, untouched, in a drawer called hardware wallet — gathering virtual dust, waiting for a future where they might be worth more.
In traditional finance, those coins could only sit still… or be sold.
But in DeFi, letting an asset like $BTC stay idle is a mistake.
Still, the reason my sats were sleeping is simple: until recently, I couldn’t find a protocol with a risk/reward ratio that fit my parameters — right or wrong as they may be.
Today, things are different.
Last week, I wrote about fxMINT and the ability to borrow fxUSD at 0% interest while being protected from liquidation (here).
Today, I want to show the opportunities this unlocks when using $BTC — and I’ll also tell you which one I picked.
Choosing the Collateral
With fxMINT, you can choose between $BTC and $ETH as collateral.
Why did I pick $BTC instead of $ETH? Three reasons:
$BTC doesn’t generate native yield (unlike staked $ETH)
I’ve already reached my target allocation of $BTC in my portfolio, and I don’t need to accumulate more right now
My Stockholm Syndrome simply won’t let me part ways with $ETH
So I deposited 0.01 BTC as collateral and borrowed 500 fxUSD (LTV 52.45%).
For simplicity:
I’m ignoring the $4 opening fee (currently waived due to a promo)
I’m ignoring gas costs since gwei was at 0.0793
The Four Strategies
1) Stablecoins — The Conservative Route
Increase your stablecoin share using fxSAVE, which at the time yielded 8.03% APY.
But if we consider yield over the entire collateral, returns shrink to 4.45% (APY × LTV).
Decent, but nothing thrilling.
I could have looped it 10.95× on Euler for 27.52% APY and a real return of 15.25%…
but I’ve never liked leveraged loops.
And my stablecoin allocation is already healthy.
2) $ETH — The Temptation
Thanks to my chronic Stockholm Syndrome toward $ETH, I could have increased exposure through the Stability Pool, yielding 7.73%.
Once adjusted for total collateral, the real yield becomes 4.28%.
Using $BTC to earn $ETH? A dream scenario.
But given my already high exposure to $ETH, I passed — this time.
3) $FXN — My Final Choice
I decided to use my $BTC to increase my exposure to $FXN, the governance (and revenue-sharing) token of the fx ecosystem.
The most efficient way was through the ynRWAx + fxUSD LP, yielding 139.84% at the time.
Adjusted on total collateral, that becomes a real 77.50% yield, paid entirely in $FXN.
Note: the pool is small — if more liquidity enters, yield will drop.
From Sunday to Thursday, it generated $7.73 in FXN, equivalent to a 74% real yield on the full collateral value of my $BTC.
4) Spend the Loan — The Wealthy Strategy
The option I didn’t use — but one worth mentioning.
Using the borrowed fxUSD to fund real-life expenses without touching your $BTC is the classic move of wealthy individuals:
use assets as collateral
borrow against them
spend the liquidity you need
repay the debt whenever you want
no capital gains tax, because nothing was sold
I didn’t need liquidity, so I didn’t choose this route.
But for many, (Ethereum coff…Foundation…coff) this may be the most powerful feature of fxMINT.
Final Thoughts
fxMINT opens genuinely valuable scenarios for everyone.
You can finally use blue-chip assets — without selling them — to deploy stablecoin-based strategies where your collateral doesn’t devalue, making loan repayment harder.
All of this at 0% interest.
What more could you possibly ask for?
Personally?
A hoodie with the fx logo. 🥺👉👈
If you’d like, you can use my referral to try the platform:
https://fx.aladdin.club/v2/trade/?code=0xDrVV
Stay safe, stay liquid,
✌️