Layer One-dot-Five (L15) is a variant of a trustless sidechain to Bitcoin that enables BTC-backed loans in a Stablecoin L15$.
With the invention of the trustless lock, L15 maintains decentralized trust, focusing on a bridge between the sidechain and Bitcoin.
This is the first service of its kind to be built on Bitcoin and addresses the needs and demands of Bitcoin holders and the community.
L15 infrastructure also provides rails for further innovation within the Bitcoin ecosystem.
We are partnering with developers to expand the scope of use cases for decentralized consumer finance exclusive to Bitcoin.