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Borrow against DRB

Teller pools accept DRB as collateral on Base at up to 20% LTV, lending USDC at 52.7% APR, among the highest rates on the platform. Interest accrues over the days you hold the loan, so repaying early costs less. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.

Borrow against DRB: maximum LTV and cheapest APR per network
CollateralNetworkLTVAPR
DRBBase20%52.7%

Pool data read . Rates and LTVs are set per pool and change when operators change them.

Can you repay before the due date?

Yes. Nothing holds the loan open: repay the principal and the interest accrued and the collateral comes back. The due date is a deadline, not a commitment to stay borrowed until it arrives.

That matters most on an expensive row like this one. At 52.7% APR, a full 30-day term costs about 4.33% of the principal. Closing on day ten costs roughly a third of that. If the reason you borrowed resolves early, closing early is money back.

The fees do not work that way. A marketplace fee and the protocol fee are charged on the loan rather than accrued over its life, so an early repayment saves interest and not those. Factor that in before opening a loan you expect to close in days.

Repaying part of it

A loan can also be paid down rather than closed. Sending less than the full amount reduces the principal, and interest from that point accrues on the smaller balance, which on a rate this size compounds into a real saving over the remainder of a term.

The collateral stays with the pool until the balance reaches zero. A part payment lowers what you owe; it does not release a proportional slice of what you deposited, so plan the final payment rather than assuming the position unwinds gradually.

Among the most expensive rows on the platform

This row charges 52.7% APR against a 20% ceiling, second only to TIBBIR among everything Teller lists. A rate that high is an operator pricing how quickly they could sell forfeited collateral, and it is what makes the asset borrowable at all.

DebtReliefBot, and a hundred billion units

The contract at 0x3ec2156d4c0a9cbdab4a016633b7bcf6a8d68ea2 names itself DebtReliefBot and reports a supply of 100,000,000,000. The name is a coincidence worth noting rather than a feature: it has no connection to the loan you are taking, and the pool takes no view on what the project does.

Deposit the token, receive USDC, repay or roll on the due date. 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. Base gas is cents across the approval and the borrow.

The Base collateral page covers the rest of the chain.

Frequently asked questions

Can I repay a Teller loan before the due date?

Yes. Repay the principal and the interest accrued and the collateral comes back. The due date is a deadline rather than a commitment to stay borrowed.

Does repaying early save money?

It saves interest, which accrues over the days you hold the loan, so closing on day ten of thirty costs roughly a third of a full term. It does not save the marketplace and protocol fees, which are charged on the loan rather than accrued.

Why is the rate so high?

The operator is pricing how quickly they could sell forfeited collateral. It is second only to TIBBIR among everything Teller lists, and it is what makes the asset borrowable at all.

How many DRB exist?

100,000,000,000, which totalSupply on 0x3ec2156d4c0a9cbdab4a016633b7bcf6a8d68ea2 confirms. The contract names itself DebtReliefBot.

Is the token connected to the loan in any way?

No. The name is a coincidence. The pool holds the token as collateral and takes no view on what the project does.

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.