# Overview

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The Borrow section covers features that will be available after the initial launch. Documentation will be expanded when these features ship.
{% endhint %}

Bound offers two types of BTC-backed loans, accessible from the **Borrow** tab.

## Two products

| Product                  | Liquidation         | Status      |
| ------------------------ | ------------------- | ----------- |
| Liquidation-free loans   | None - ever         | Coming soon |
| Overcollateralized loans | Standard DeFi model | Phase 2     |

Both products let you access liquidity without selling your BTC.


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