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  • Introduction
  • 👨‍🦱Personas
    • Borrowers
      • Submit Loan Request
        • Loan Collateral
      • Repay Loan
        • Withdraw Collateral
      • Accept Commitment
      • Loan Status
    • Lenders
      • Review Loan Requests
      • Accept Loan Request
      • Claim Collateral
      • Create Commitment
    • Pool Owner
      • Pool Settings
      • Loan Payment Type
      • Payment Cycle Type
    • Liquidators
      • Liquidate Loan
    • Reward Allocators
  • Resources
    • Deployed Contracts
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  1. Personas

Borrowers

DeFi users who borrow assets from the Teller protocol

Teller provides DeFi power users the most optimized borrowing experience — instant, fixed-rate loans, supporting all collateral assets (ERC-20 & 721), with no price-based liquidation.

The core function to borrow assets is submitBid(), which enables a borrower to receive assets:

  • Instantly: Through an instant loan request, by accepting an offer from a lender

  • Passively: Through a loan request submission, with their own custom terms

Borrowers can make their first loan request by Submitting a Loan Request.

PreviousIntroductionNextSubmit Loan Request

Last updated 2 years ago

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