Borrow against QR
Teller pools accept QR, whose contract reads QR coin, as collateral on Base at up to 20% LTV, lending USDC at 25.7% APR, the highest rate on the Base list. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| QR | Base | 20% | 25.7% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
The highest rate on the Base list
This pool quotes 25.7% APR. Nothing else on Base is priced above it. The range across the Base rows runs from twenty percent up to here, so the gap between the cheapest and the dearest is about a third.
The rate you sign is fixed for the term. It does not track the pool afterwards, so a rate increase the day after you borrow leaves your loan alone, and a rate cut does the same. If you are rolling at the end of the term, the roll takes the rate on offer that day.
A two-letter ticker
The contract at 0x2b5050f01d64fbb3e4ac44dc07f0732bfb5ecadf names itself QR coin with the symbol QR. Two characters is about as short as a ticker gets, and both of them are common letters.
That makes text search close to useless for this one. A query for QR returns everything about the barcode format, and the token name is a phrase rather than a word. Work from the address when you are checking a listing, a chart or a wallet balance against the row above.
A hundred billion units, no administrator
Supply is 100,000,000,000 at eighteen decimals. Calling owner() reverts, so there is no administrator role compiled into the token, and the deployed bytecode runs to 8,874 bytes.
Those are three separate reads and each takes a second. Doing them yourself is the difference between knowing what you are depositing and taking a listing’s word for it.
The loan
Deposit QR, receive USDC, repay or roll on the due date. The pool lends up to 20% of the deposited value over a 30-day 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.
RNBW is the cheapest end of the same range, and the Base list holds everything between.
Frequently asked questions
Each pool operator sets its own rate. The Base range runs from twenty percent up to this row, so the gap between the cheapest and the dearest is about a third.
No. The rate you sign is fixed for the term and does not track the pool afterwards. If you roll at the end of the term, the roll takes the rate on offer that day.
By address. The pool takes 0x2b5050f01d64fbb3e4ac44dc07f0732bfb5ecadf, whose contract names itself QR coin. A two-letter ticker made of common letters makes text search unreliable.
One hundred billion at eighteen decimals. Calling owner() reverts, so there is no administrator role compiled into the token, and the deployed bytecode runs to 8,874 bytes.
USDC on Base, paid to the wallet that signed the borrow, on a 30-day term. The live amount available is in the table above.
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.