“Teller’s loan model is built for long-term users who want flexible debt without forced liquidation risk.”
Learn more from @defi_mago 🧵
1/ How it works
@useteller’s loan model is built for long-term users who want flexible debt without forced liquidation risk.
1️⃣ Deposit collateral (ETH, WBTC, stables, etc.)
2️⃣ Borrow USDC or WETH
3️⃣ Keep the loan forever, perpetually, no expiry, no margin calls.
All you need to do is periodically “roll over” the loan to keep the Loan-to-Value (LTV) healthy.
The magic is: you don’t even need the collateral in your wallet to roll over.
You just pay the current interest due (like paying your credit card bill), and Teller handles the rest using a flash loan behind the scenes to front the collateral and open a fresh loan automatically.
• If collateral grew → withdraw or borrow more
• If collateral dipped → top it up
No auto-liquidations ever. Just scheduled adjustments.
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