Teller.org ux update: gas fees on a $PIXL cash advance can now be reduced by 95%+ utilizing @arbit 🤝

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 👇

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




🤝 Follow us /teller /loans

The Teller protocol is deployed on several L2s, including Arbitrum, where a new lending market has opened for $PIXL through Wormhole.

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:

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

The first $PIXL cash advance on @arbit showed a grand total of $0.88 in gas fees. 

Arf 🦭

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

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