lending

  • DeFi Lending Project Teller Finance Taps Chainlink for Unsecured Loans Product

    DeFi lending project Teller Finance has announced its upcoming integration with Chainlink. The oracle provider will provide Teller with three cryptocurrency price feeds via its Price Reference Data oracle networks. Teller to Offer Unsecured Crypto Loans Teller is an open-source protocol that interacts with consumer data to calculate default risk and offer unsecured crypto asset loans. Users can supply liquidity to the protocol’s lending pools and earn interest from repaid loans. Teller leverages borrowers’ real-world credit history to calculate an annual interest rate (APR) that is based on market conditions vs. consumer credit risk,...

    09/03/2020