๐ Masa (MASA), a decentralized AI data network, has teamed up with Teller, a non-custodial lending platform, to launch the MASA lending pool. This collaboration allows MASA token holders to borrow ETH from Ethereum and USDC on Base. Teller facilitates these loans without requiring margin calls or liquidation, ensuring collateral remains secure.
๐ To access the lending pool, users simply link their wallet to the Teller app, select MASA as collateral, and choose a loan option. APYs for MASA loans range from 0% to 60%, depending on loan duration.
๐ก Teller operates as a fully peer-to-peer platform, allowing anyone to act as a borrower or lender. MASA token holders are encouraged to join as liquidity providers, setting their own loan terms.
๐ MASA, which aims to build a robust global data market, is now active on over nine centralized and decentralized exchanges, spanning four blockchains.
What do you think about this collaboration? Share your thoughts in the comments! ๐ญ