Borrow against KAITO
Teller pools on Base accept KAITO as collateral at up to 25% LTV, lending USDC at 25% 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 |
|---|---|---|---|
| KAITO | Base | 25% | 25% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
Distributed for contribution, held for a while
A large share of KAITO reached people through the platform’s own distribution to contributors rather than through an exchange. Balances that arrive that way tend to sit: there is no entry price to measure against, and no plan for when to leave.
Teller pools take KAITO at 25% LTV and 25% APR, lending USDC on Base against 0x98d0baa52b2d063e780de12f615f963fe8537553. That turns a dormant balance into working dollars while it stays yours.
A mid-tier ceiling on the Base list
25% is above where most of the Base long tail sits. Pool operators grade collateral on how readily it could be sold if a loan is forfeited, and a token with an active market and a recognisable name earns a little more room than one without.
Deposit the token, not the account
Whatever standing or history you have on the platform stays with your account and has nothing to do with the loan. The pool holds an ERC-20 balance on Base and nothing else, and unclaimed distributions are not tokens until they are claimed.
The loan
Deposit KAITO, receive USDC, repay or roll on the due date. Rate, LTV and the roll window lock when the loan opens, and the protocol holds the collateral until you close it out. 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. Gas on Base is cents across the approval and the borrow.
See VIRTUAL and the wider Base list.
Frequently asked questions
No. An unclaimed distribution is not a token yet, so there is nothing for a pool to hold. Claim it first.
No. Whatever history you have on the platform stays with your account. The pool holds an ERC-20 balance on Base and prices only that.
Operators grade collateral on how readily it could be sold if a loan is forfeited, and a token with an active market and a recognisable name earns a little more room.
Cents in gas on Base across the approval and the borrow, plus the quoted rate and a 1% marketplace fee.
Nothing happens to the loan. There is no liquidation threshold during the term, so your obligation on the due date is unchanged.
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.