# Lending Pools by Teller

As a **lender**, earn passive income (**interest**) alongside other lenders in a Teller Lending Pool.  Loans are over-collateralized to unique specifications per-pool and liquidations automatically go to auction to refill the pool.  That way, you choose your level of risk and reward to **make your passive capital work for you**.  

As a **borrower**, unlock liquidity from **all** of your crypto assets and use **any** coin as collateral for loans from other users.  Permissionlessly.  Liquidations are based on time, not price, so repayments are **predictable** and stress-free.

### Jump right in

<figure><img src="https://3904891226-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fvp8vs3kAi1iyPrx6sout%2Fuploads%2FnfRvroY8EHaPNSg8xuo9%2Fimage.png?alt=media&#x26;token=c747e171-b6b1-4d64-ab6b-53762de92c64" alt=""><figcaption><p>Liquidity pools page</p></figcaption></figure>