FEAR FREE: Teller Makes ApeCoin DeFi Less Daunting With Zero Liquidation Risk With Its Time Based Loans!

DeFi can be daunting, but fear not. ApeCoin’s latest partner will now let you make moves without the risk of losing all your tokens!

On Monday, ApeCoin’s Project RAID, short for Rapid ApeCoin Integration Deployment, continued with a new partnership with the dApp Teller, which invites token holders to borrow and lend their $Ape without liquidations!

 

 

"Teller loans provide an innovative solution for navigating defi markets by offering time-based, not oracle-based, loans," the dApp wrote in a August 2024 blog post. "This means the only way a borrower can be liquidated is if they fail to pay or renew the loan within the specified timeframe."

 

Simply put, if you’re new to the DeFi world, Teller’s dApp may be a great place to learn the ropes as the ApeCo team continues to hyperfinancialize the token!

As the Bored Ape Gazette previously reported, things have been anything but boring around the swamp lately as $Ape ventured into the Solana Trenches and the fast paced trading chain of HyperLiquid. And things are just getting started, according to Yuga Labs CEO Garga.

"ApeCoin needs to be liquid and eminently usable across every relevant ecosystem and hot new protocol,” he said.

 

 

 

For more information on Teller or to put your $Ape to work, visit the dApp’s website here:https://app.teller.org/ethereum/earn

 

 

The Bored Ape Gazette will continue to follow all things Project RAID and keep you posted on DeFi opportunities around the swamp and beyond. Stay tuned for updates!