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jesse.base.eth 🔵
@jessepollak
. @coinbase is moving the business onchain day one: a BTC-backed loan in <60s, all onchain with @morpho on @base what do you want to see next?
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Kieran Daniels 🎩
@kdaniels.eth
all your @base are belong to us Jesse, please checkout what @teller has done in the last year: blog.teller.org/teller-wrapp... Teller loans are P2P, no price oracle, no margin calls. Up to 30 days. (its what ETHlend was before Aave) We x10 our borrow side since January 2024, however the lending side was much harder to use, but we are about to release a major update to the lending side where anyone can deposit USDC and earn, like traditional DeFi. The lender sets the LTV, APY, and loan duration. So there are many legit opps that are 40-60% APY = no gimmick. If a borrower defaults then the lender gets all their collateral. But a borrower can not be liquidated due to market price and as long as they repay their loan on time they get 100% of their collateral, similar to how options would work. Bottom line = real 40-60% passive APY is coming soon to @base 👀 Will update you when we launch!
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Kieran Daniels 🎩
@kdaniels.eth
Link broke 👀 https://blog.teller.org/teller-wrapped-2024-year-in-review/
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jesse.base.eth 🔵
@jessepollak
🫡
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luker.base.eth
@oaktoebark
This cool thanks for sharing.
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