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Restructured from flat .tex/.pdf files into per-paper subdirectories. Added Antje Worring as co-author on all papers. Synced PDFs to pdfs/ for download site.
18 lines
693 B
TeX
18 lines
693 B
TeX
\section{Appendix B: Loan Example}
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\textbf{Scenario}: Alice deposits 10 BTC when BTC = \$60,000
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\begin{enumerate}
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\item \textbf{Collateral Value}: 10 BTC × \$60,000 = \$600,000
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\item \textbf{Max Loan (90\% LTV)}: \$600,000 × 0.90 = \$540,000
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\item \textbf{Alice borrows}: \$540,000 in luxUSD
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\item \textbf{BTC Yield}: 4.2\% APY = \$25,200/year
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\item \textbf{Auto-Repayment}: \$25,200/year reduces debt
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\item \textbf{Loan Duration}: \$540,000 / \$25,200 = 21.4 months
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\item \textbf{Final Position}: Alice keeps all 10 BTC after 21.4 months
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\end{enumerate}
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\textbf{Benefit}: Alice accessed \$540k liquidity for 21 months while retaining Bitcoin exposure, paying zero interest explicitly.
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