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What is Teller?

Teller operates as a decentralized lending platform that offers time-sensitive loans without margin calls, secured by various Ethereum assets, ERC-20 tokens, or NFTs, enabling borrowers to access liquidity for durations between one to thirty days without the fear of liquidation due to market fluctuations, provided they make timely repayments; collateral is stored in dedicated escrow vaults, and borrowers can choose to refinance or extend their loans according to the terms available. Lenders enjoy the freedom to create customized loan agreements and manage their funds directly from their wallets, allowing for an unlimited number of offers while retaining control over their capital; in cases of default, liquidity providers have the foremost right to liquidate and reclaim the collateral. This lending framework emphasizes safety and transparency by utilizing audited smart contracts, which are insured by Sherlock up to certain limits, and it supports isolated pools along with perpetual-style mechanisms to grant credit-like access to decentralized finance resources. By adopting such an innovative approach, Teller significantly enhances the lending experience, fostering both user confidence and financial flexibility within the dynamic DeFi ecosystem, ultimately empowering participants to make informed financial decisions. Additionally, this platform stands out by continuously evolving its offerings to meet the needs of its users, thereby contributing to the growth of decentralized finance as a whole.

What is SWFT?

SWFT Lending offers a platform where individuals can quickly secure loans against collateral, allowing for borrowing up to 1 million USD Tether (USDt) or 100 Bitcoin (BTC) in just seconds. The loan acquisition process via the SWFT app is straightforward, requiring users to choose their preferred amount of BTC or USDT and then set the duration for the loan. A daily interest fee of 0.03% is charged upfront for the borrowed amount. In the near future, users will gain the ability to lend their own funds to others within the SWFT Lending network, expanding the platform's utility. Additionally, users can earn passive income through staking by simply holding their assets within the SWFT Blockchain wallet. By maintaining their tokens in the wallet, users can accumulate rewards that are based on their daily balances of various cryptocurrencies that support staking. As users transact and utilize their cryptocurrencies on the platform, they simultaneously gather these rewards. Moreover, selling currencies at a discount can aid in increasing their distribution, thereby raising awareness among potential users. Group Coin provides help in managing exclusive token sales and facilitates peer-to-peer trades, including those involving fiat currencies. It’s crucial to mention that this service is currently available only to users residing in China. With a diverse array of features, SWFT Lending aspires to build a holistic and accessible lending ecosystem that caters to its users' needs. This vision for a user-centric platform is set to transform the lending landscape significantly.

Media

Media

Integrations Supported

Ethereum
Base App
Binance
Bitcoin
Bitget Wallet
Bitpie
Huobi Wallet
Kommunitas
LeafWallet
MathWallet
OKT Chain (OKTC)
OKX
Polkadot
Swapzone
WalletConnect
Xaman
imToken

Integrations Supported

Ethereum
Base App
Binance
Bitcoin
Bitget Wallet
Bitpie
Huobi Wallet
Kommunitas
LeafWallet
MathWallet
OKT Chain (OKTC)
OKX
Polkadot
Swapzone
WalletConnect
Xaman
imToken

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Teller

Date Founded

2019

Company Location

United States

Company Website

www.teller.org

Company Facts

Organization Name

SWFT

Company Location

China

Company Website

www.swft.pro/

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