what's Teller?

Teller is a decentralized lending protocol that enables users to borrow stablecoins like USDC against a variety of crypto collaterals without the risk of immediate liquidations. It supports perpetual loans with periodic checkpoints (e.g., every 30 days), allowing borrowers to maintain positions while interest accrues, and offers flexible terms such as 1, 3, 7, or 30-day durations. The protocol facilitates undercollateralized lending by verifying off-chain data through integrations like Chainlink DECO for privacy-preserving oracles, and it operates on multiple blockchains including Polygon and Base. Key features include the use of diverse assets as collateral, such as ERC-20 tokens, ENS domain names, and even tokenized real estate properties via partnerships like Roofstock's USDC Homes pool. Teller emphasizes interoperability and liquidity unlocking, allowing holders of assets like $ZRO or $MNT to borrow without selling their positions. It also supports innovative mechanisms, such as time-based loans for video monetization tokens like $VRA from Verasity. By focusing on non-custodial, trustless borrowing, Teller aims to provide a safer alternative to traditional overcollateralized DeFi lending, reducing liquidation events during market volatility and enabling broader access to liquidity in the Web3 ecosystem.

Teller CEO to discuss funding rate arbitrage strategies in Jan 15 livestream.