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Teller 🎩
@teller
Time-based Loans are Now Available for $DEGEN 🎩 https://blog.teller.org/time-based-loans-are-now-available-for-degen/
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@teller
How Can You Use $DEGEN as Collateral to Borrow $USDC on Teller? Step 1: Visit Teller.org Step 2: Connect your wallet Step 3: Select $DEGEN as collateral Step 4: Approve the escrow transaction Step 5: Instantly receive $USDC in your wallet
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Teller 🎩
@teller
What is Teller? Teller.org is a decentralized protocol, enabling time-based loans. Unlocking any token as collateral, without price-based margin call liquidations. Similar to a line of credit or a cash advance, borrowers can repay or extend their loan anytime.
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@teller
What is Degen? Degen, an ERC-20 token on Base, launched in January 2024, has reshaped the Farcaster ecosystem by enabling Casters to reward others with $DEGEN for posting quality content. As of April 2024, there are 320,000 holders and over 4 million onchain transactions.
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@teller
How Can You Use the $USDC You Borrow? TLDR; however you want to 🤝 The liquidity from a Teller loan can be used for anything from paying rent or buying groceries, to saving the health ratio of an open position or getting the $USDC you need to enter a Uniswap LP pool.
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@teller
Get a Cash Advance today at Teller.org 🚀
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