ALL COLLATERAL

Borrow against MIGGLES

Teller pools accept MIGGLES as collateral on Base at up to 16.7% LTV, lending USDC at 25.1% APR. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.

Borrow against MIGGLES: maximum LTV and cheapest APR per network
CollateralNetworkLTVAPR
MIGGLESBase16.7%25.1%

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

Borrow less than the ceiling, on purpose

The most useful habit on a row like this has nothing to do with liquidation, because a fixed-term loan has no liquidation to avoid. It is that the repayment is fixed in dollars while the collateral is not. Borrow the number you are confident of repaying rather than the largest number offered, and the due date stops depending on what the chart did in the meantime.

The pool clears 16.7% of collateral value at 25.1% APR. Treat that ceiling as a limit rather than a target and the loan becomes something you close on schedule instead of something you hope to.

Mister Miggles, on the record

The contract at 0xb1a03eda10342529bbf8eb700a06c60441fef25d calls itself Mister Miggles and reports a total supply of 1,000,000,000 tokens, a clean fixed billion. Name, symbol, decimals and supply each resolve in a single call, which is the fastest way to confirm you are holding what you think you are before a deposit.

Do that here rather than trusting a search result. Base carries several tokens for most popular tickers, and a pool rejects everything except its own contract at the deposit, so the check costs a second and saves a failed transaction.

Where the ceiling sits

This row is at the conservative end of the Base range, which means roughly six dollars of collateral for each dollar of USDC. The widest rows on the chain ask for four. That spread is the operator’s read on how fast forfeited collateral could be turned back into dollars, and it is set per asset rather than per chain.

The loan

Deposit MIGGLES, receive USDC, repay or roll on the due date. Interest is charged for the days you hold the loan, so the 30-day cycle costs about a twelfth of the annual figure. Rate, LTV and the roll window lock at the start. 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 on both transactions.

Compare against KTA at the other end of the range, or browse the Base list.

Frequently asked questions

Which lending protocol accepts MIGGLES?

Teller does, through a Base pool lending USDC against 0xb1a03eda10342529bbf8eb700a06c60441fef25d. Major money markets list around thirty assets and do not include it.

Should I borrow the maximum the ceiling allows?

Usually not. The repayment is fixed in dollars while the collateral floats, so borrowing the amount you are confident of repaying makes the due date easier to meet. Liquidation is not the reason, since the term has none.

How many MIGGLES exist?

A fixed billion. The contract reads Mister Miggles and totalSupply answers 1,000,000,000.

How much collateral does a dollar of loan need here?

Around six dollars, since this row sits at the conservative end of the Base range. The widest rows on the chain ask for four.

What happens if MIGGLES falls before the due date?

The loan is unchanged. There is no margin call, no health factor and nothing to top up. 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.