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Teller 🎩
@teller
Teller.org ux update: gas fees on a $PIXL cash advance can now be reduced by 95%+ utilizing @arbit 🤝
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Teller 🎩
@teller
Let's learn how. As a refresher, Teller loans are set for fixed durations and do not rely on price-based oracles. Loans can support any token as collateral, on any network. Quick primer 👇 https://x.com/0xnairolf/status/1757809303765880861?s=46&t=JxCTS-SEQcTadFh8DCCXog
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Teller 🎩
@teller
The Teller protocol is deployed on several L2s, including Arbitrum, where a new lending market has opened for $PIXL through Wormhole.
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Teller 🎩
@teller
In order to borrow with $PIXL on Arbitrum, holders can bridge tokens through Portal, a bridge interface built on Wormhole. Bridged $PIXL on Arbitrum has been created permissionlessly through Wormhole. Tokens should only be used for a loan on Teller. Portal bridge: https://portalbridge.com/advanced-tools/#/transfer
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Teller 🎩
@teller
The first $PIXL cash advance on @arbit showed a grand total of $0.88 in gas fees. Arf 🦭
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Teller 🎩
@teller
Secure a $PIXL loan today, less the gas fees 🦭 Lending pool on @arbit 👉 https://app.teller.org/arbitrum-one/lend/detail?category=token&principal=0xaf88d065e77c8cc2239327c5edb3a432268e5831&collateral=0x418b866442d1b76fea3f2e0a88da3d67ef572161
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