> For the complete documentation index, see [llms.txt](https://docs.teller.org/teller-lite/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.teller.org/teller-lite/lending-pools/readme.md).

# 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="/files/FRUvYEzGVD96gBQm4N16" alt=""><figcaption><p>Liquidity pools page</p></figcaption></figure>