BITLOAN

BitLoan – AI-Powered BTC Collateral Protection

Problem BTC-backed loans are risky:

Sudden price crashes trigger instant liquidations

Users lose BTC at the worst time

Result: panic, churn, and distrust in DeFi lending

MVP Solution AI-Powered Price Drop Protection AI Forecast (off-chain, lightweight)

Uses Prophet to detect sudden BTC dips

Data sources: Chainlink, Binance API

User Alerts

In-app + SMS + wallet notifications

Instant Top-Up

Pre-approved linked wallet adds collateral automatically

Or manual 1-tap confirmation

✅ Prevents liquidation, protects BTC holdings ✅ Deployable in weeks, low cost

User Story (Simple Scenario) Without Top-Up: BTC $30k → 0.5 BTC = $15k

Drops 20% → $12k → collateral ratio = 120% → liquidated → user loses BTC

With Top-Up: Lock 1 BTC ($30k) in BitLoan as collateral.

Borrow $10,000 USDT without selling your Bitcoin.

BTC drops to $24k → BitLoan AI alerts you and auto-adds $2,000 USDT to protect your loan.

Use borrowed USDT as cash for business or personal needs (convert via P2P if needed).

BTC rises to $35k → repay $10,500 USDT (principal + interest).

Get back your full 1 BTC, now worth more.

Target Users Retail traders who want to survive volatility

Emerging market users (PH farmer, freelancer) who/would use BTC as working capital

Active DeFi borrowers on ICP

Impact Reduces panic liquidations

Retains more users on BitLoan

Makes ICP a safer hub for BTC DeFi

Built With

• next.js
• react
• typescript