Create a pool

DeFi and NFT projects can create a pool for their token to provide their token holders with a new utility that borrows against their ERC20 (token) or ERC721 / ERC1155 (NFT).

Most of the famous lending/borrowing protocols offer loans backed by a basket of around 10 tokens, while about 90% of tokens can't be lent or borrowed, which creates a hurdle in growing the project's TVL.

Any crypto asset can be used as collateral with no risk of price-based liquidation. Teller is introducing a new DeFi concept, Time-based liquidation, so loans don't need an oracle for a price feed rather than a due date to pay the loan.

Which projects can create a pool?

• any ERC-20 (tokens)

• any ERC-721, ERC-721A (NFTs)

• any ERC1155

• any ERC-4626 (Tokenized Vaults)

• any tokenized Real World Assets (RWA)