What is SODA?

SODA is a DAO for lending and borrowing crypto-assets. You can borrow DAI within 15 minutes with a fixed rate using Bitcoin (BTC) as a collateral. SODA: BTC-backed Crypto Loans. Interview with co-founder, Max Tarasenko.

SODA is a custodial, CeFi product.

What do you think of SODA product?