Borrowers
DeFi users who borrow assets from the Teller protocol
Last updated
DeFi users who borrow assets from the Teller protocol
Last updated
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 .