Borrow against VEIL
Teller pools accept VEIL as collateral on Base at up to 20% LTV, lending USDC at 25% APR on a 30-day term. Its contract has ownership set to the zero address. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| VEIL | Base | 20% | 25% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
Ownership already sits at the zero address
owner() on 0x767a739d1a152639e9ea1d8c1bd55fdc5b217d7f answers the zero address. The contract was deployed with an administrator role and that role has been given up, so the privileged functions behind it can no longer be called by anyone.
You can confirm it yourself in one call, without trusting a write-up. That is the useful property: the answer is a public read on the token you are about to deposit, and it does not change between the day you check and the day you borrow.
A hundred million, where the neighbours run to billions
totalSupply answers 100,000,000, and the contract names itself VEIL Token with the symbol VEIL. Most of the Base rows around it carry a thousand times more units: a hundred billion is the common figure, and one row runs to a trillion.
A smaller count means a larger price per unit for the same market value, and nothing else. The pool reads your collateral in dollars, so the loan you can draw is the same as it would be against a longer number. Where it shows up is in the amount you type: a deposit here is a few thousand units where the same dollar value elsewhere is a few hundred million.
Two kilobytes of contract
The deployed bytecode is 2,058 bytes, which is small. A plain ERC-20 with nothing bolted on lands about here, and the surrounding Base rows run four to twelve kilobytes because they carry tax logic, trading hooks or launchpad plumbing.
Size is a rough signal rather than an audit. It does tell you how much there is to read, and a two kilobyte token is short enough to read in full before you deposit it.
The loan
Deposit VEIL, receive USDC, repay or roll on the due date. The pool lends up to 20% of the deposited value at 25% APR 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. A marketplace fee set by the pool applies on top of the rate.
MOCHI is the same idea at the opposite end of the supply range, and the Base list covers the rest.
Frequently asked questions
Yes. Calling owner() on 0x767a739d1a152639e9ea1d8c1bd55fdc5b217d7f answers the zero address, so the privileged functions behind that role can no longer be called. It is a public read you can confirm yourself.
One hundred million, at eighteen decimals, under the contract name VEIL Token. Most Base rows on this platform carry a thousand times more units.
No. The pool prices collateral in dollars, so the loan against a given value is the same. A smaller count means a larger price per unit and a shorter number to type when you deposit.
2,058 bytes of deployed bytecode, which is about what a plain ERC-20 with nothing added takes. Neighbouring Base tokens run four to twelve kilobytes because they carry extra logic.
USDC on Base, paid to the wallet that signed the borrow. 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.