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Teller
@useteller
Borrow against your crypto, or pre-qualify for a no-collateral loan. Asset-backed, personal, & business loans available. Powering
๊ฐ€์ž… December 2019
3.9K ํŒ”๋กœ์ž‰ ์ค‘    21.6K ํŒฌ
gm Solana assets. meet Teller loans. ๐ŸŒฒ Teller's proof-of-concept demo with @RomeProtocol is now available on Hadrian devnet. Use supported @solana assets as collateral, submit a loan request, and have a lender fund it through Teller's EVM lending contracts. WHAT ROME MAKES POSSIBLE Rome runs an EVM inside the Solana runtime, connecting Solana assets and wallets with EVM applications. For Teller, that means a Solana wallet can interact with its lending contracts. The app handles the account setup and token wrapping, while @phantom wallet authorizes the actions. REQUEST A LOAN Select collateral, choose an amount and review the proposed terms. The demo supports SOL-backed USDC requests, with the borrowing amount, LTV, APR and term shown before submission. Submit the request to the book for lenders to review. Funding depends on a lender accepting the request. FUND A REQUEST Lenders can browse open requests, compare the terms and select Fund. When a request is funded, the principal goes to the borrower's Rome account and the collateral moves into escrow. The borrower can use Withdraw to wallet to bring the proceeds back into Phantom. USE PHANTOM THROUGHOUT Open the demo link below with Phantom set to Solana devnet. โ†’ Select Connect Solana wallet โ†’ Review a loan request or funding opportunity โ†’ Approve the transaction or message prompts โ†’ Withdraw available proceeds back to Solana The app shows each step. Actions can require multiple Phantom approvals. WHY IT MATTERS A working path from Solana collateral to a funded Teller loan, with a Solana wallet controlling the signatures. Borrowing without selling the underlying asset. Defined loan terms. No price-triggered margin calls during the term; repayment obligations and collateral default terms still apply. Hadrian devnet proof of concept. Test assets only. Try it with Phantom: Read more:
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