Degen

Time-based Loans are Now Available for $DEGEN 🎩

Time-based Loans are Now Available for $DEGEN 🎩 

https://blog.teller.org/time-based-loans-are-now-available-for-degen/

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

Time-based loans with any ERC20, ENS, or NFT.💰Get a DeFi cash advance at app.teller.org 




🤝 Follow us /teller /loans

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.

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.

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.

Get a Cash Advance today at Teller.org 🚀