Integration with Teller Finance! 🌲
Bringing $KLP collateralized loans to Mantle Network
We are pleased to announce our new integration partner, Teller Finance, a leading non-custodial lending protocol on Mantle, to launch $KLP collateralized loans on Teller. Users can now start earning high real yield by depositing into KTX.Finance’s KLP pool and use $KLP as collateral to borrow loans on Teller Finance!
Through this partnership, users would no long need to sell $KLP to put up collateral to borrow assets on Teller Finance. You now have the flexibility to not just earn high real yield on $KLP but also use it as collateral to borrow more assets and put it to use. As Mantle’s first decentralized perpetual exchange, this partnership is KTX.Finance’s commitment to working closely with other leading protocols on Mantle to optimize our offerings to users.
Let’s dive deeper into their core offerings and what makes them unique!
Teller’s Value Propositions
- Supply capital to collateralized loans. Earn yields above market rate.
- Borrow against any crypto asset, without the liquidation risk.
- Build onchain credit with each repayment.
Teller’s Core Products and Campaigns
- Time-based liquidations which enables more flexible collateral options for borrowers and LPs can regularly earn above money market rates with decreased risk.
- Teller Points, which are early rewards to all users by just swapping, lending and borrowing
Head over to Teller Finance to experience a seamless lending experience today. With that, we look forward to achieving greater heights together with our friends at Teller and we’ll see you out on the trading battleground soldiers!
