Borrow against BEAM
Teller pools accept BEAM as collateral on Ethereum at up to 25% LTV, lending USDC at 45% APR. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| BEAM | Ethereum | 25% | 45% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
A supply that was not chosen, but arrived at
totalSupply on 0x62d0a8458ed7719fdaf978fe5929c6d342b0bfce answers 58,470,184,687 BEAM and some change, with the contract naming itself Beam. Almost every token on this platform launched at a round figure: a billion, a hundred billion, 420 trillion. This one did not.
An irregular supply usually means it was produced by something other than a single mint, whether a migration, a conversion or a schedule. It changes nothing about the loan, and it is a fact you can confirm in one call rather than take on trust, which is more than most claims about a token allow.
The terms
The pool clears 25% of collateral value at 45% APR, lending USDC on Ethereum. That is a quarter of collateral value, so roughly four dollars of BEAM behind each dollar borrowed, at a rate in the upper part of the Ethereum range.
Interest is charged for the days you hold the loan rather than for a year, so the 30-day cycle costs about a twelfth of the annual figure, plus the 1% marketplace fee Ethereum pools charge. That is the number to weigh, not the headline rate.
The loan
Deposit BEAM, receive USDC, repay or roll on the due date. Rate, LTV and the roll window are set when the loan opens and do not move during the term.
Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral. Miss the due date and the collateral is forfeit. Mainnet gas applies across the approval and the borrow, so check it against the interest before opening a small loan.
The single-pool page covers the other Ethereum rows with one operator behind them.
Frequently asked questions
58,470,184,687 and some change, which totalSupply on 0x62d0a8458ed7719fdaf978fe5929c6d342b0bfce confirms. Unusually for this platform, it is not a round figure.
No. It usually indicates a supply produced by something other than a single mint, such as a migration or a schedule. The loan terms are unaffected.
Around four dollars' worth at the ceiling above. Divide one hundred by that figure for the exact ratio.
No. Interest is charged for the days you hold the loan, so a 30-day cycle costs about a twelfth of the annual figure, plus the 1% marketplace fee Ethereum pools charge.
The loan does not change. There is no liquidation threshold during the term. Only a missed due date forfeits the collateral.
Open a loan
Connect a wallet, deposit your collateral, and borrow a stablecoin. No credit check, no application.
Go to the borrow tab →No collateral to pledge? Check whether you pre-qualify for a no-collateral personal loan. Soft check, no hard pull.