Borrow against WLFI
Teller pools accept WLFI, World Liberty Financial's governance token, as collateral on Ethereum at up to 25% LTV, lending USDC at 15% APR, well under what long-tail collateral usually costs. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| WLFI | Ethereum | 25% | 15% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
Priced nearer a major than a long-tail token
The WLFI row quotes 15% APR at a 25% ceiling. Set that against the Base long tail, where rates cluster around 25% and higher, and it sits closer to what an established governance token earns. An operator lands on a number like this when an asset trades in size across venues rather than in one pool on one chain.
Carrying the loan for a full cycle is cheap at that rate. On a 30-day term the interest works out at roughly a twelfth of the annual figure, which is the number to compare against whatever the borrowed dollars are for.
A governance position is worth holding intact
World Liberty Financial runs a governance token alongside USD1, its dollar stablecoin. The token carries a say in what the protocol does. Selling to raise cash gives up that say permanently. Borrowing gives it up for a term you set, and the tokens come back on repayment in the same quantity you deposited.
Voting does pause while the loan runs, because the pool holds the collateral and governance requires the tokens in your own wallet. If a vote you care about falls inside the window, borrow after it rather than before.
Nearly a hundred billion tokens in issue
totalSupply on the contract answers roughly 96,742,743,250 WLFI. A supply that large keeps the unit price small, which changes how you plan a loan: the collateral for a four-figure borrow is counted in millions of tokens, and a wallet balance that looks enormous may back less than it appears to.
Work from dollars rather than from the token count. Multiply the balance by the price, apply the ceiling above, and compare that against the loan you want. The figure resolves in seconds off any explorer if you would rather check it than take it on trust.
The deposit
The pool takes 0xda5e1988097297dcdc1f90d4dfe7909e847cbef6 on Ethereum and lends USDC. One contract, one chain, one address accepted at the deposit.
Rate, LTV and the roll window lock when the loan opens. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral, and there is no health factor to monitor in between. Miss the due date and the collateral is forfeit. Mainnet gas applies across the approval and the borrow.
Other Ethereum rows with a single pool behind them are on the single-pool collateral page, and IXS sits in the same rate band.
Frequently asked questions
Roughly 96.7 billion, which totalSupply on the contract confirms. That keeps the unit price small, so collateral for a four-figure loan is counted in millions of tokens.
Teller does, through an Ethereum pool lending USDC against 0xda5e1988097297dcdc1f90d4dfe7909e847cbef6. Major money markets list around thirty assets and do not include it.
Operators price against how an asset trades. A token with volume across several venues earns a cheaper rate than one whose whole market is a single pool on a single chain.
No. The pool holds the collateral and voting requires the tokens in your own wallet, so time the loan around any vote you want to take part in.
Interest is charged for the days you hold it, so roughly a twelfth of the annual rate, plus Ethereum gas on the approval and the borrow. The quote shows the cash amount before you sign.
Nothing happens to the loan. There is no liquidation threshold during the term, so your obligation on the due date is what it was at the start.
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.