Introducing the Teller ATM: Get Quick Cash with No Margin Calls

The Teller ATM provides a simple way to access time-based loans, without the risk of being margin called. Time-based loans offer flexible loan durations, ranging from 1 to 30 days, which can be repaid or extended at any time.

The Teller ATM - Simplifying Borrowing for Everyone

Teller ATM Time-Based Loan Benefits:

• No Risk of Margin Calls: Borrow without worrying about being liquidated by market volatility. Loan default only occurs if a loan is not repaid on time.
• No Credit Check: The Teller protocol is permissionless and peer to peer. Loan terms and duration are set by the lender, and agreed to by the borrower.
• Repay or Extend at Anytime: As long as there is liquidity for the offer, a loan can be extended or repaid at any time. Similar to a line of credit or a cash advance.

Teller ATM Features for a Better Borrowing Experience:

• Simple to Use: Connect your wallet and start borrowing – It’s that easy.
• Token Categories: Loan offers are organized into categories such as GameFi, Memecoins, and AI Coins. Finding the right loan offer is quick and intuitive.
• Support Projects You Care About: When using a Teller Community ATM, a portion of loan fee is sent directly to the community address of each project.

Dedicated Teller ATMs for Community Tokens

Want to give back to your favorite CTO project?

Each Teller Community ATM automatically directs .5% of transaction volume to the project’s treasury wallet, providing a funding stream for that community. Currently, community ATMs are available for $APU, $BITCOIN, $MOG, and $NEIRO.

Here is how it works:

A borrower takes a $5,000 loan using $APU on the APU ATM. A .5% fee, or $25, is automatically sent to the APU CTO treasury address. In just minutes, the borrower gains liquidity, while the transaction also contributes rewards to the community.

Teller’s Referral Program

In addition to the Community ATMs, Teller launched a new incentivized referral program. Teller users with an ENS (Ethereum Name Service) domain can generate custom ATM links. When others borrow using these referral links, the referrer receives .25% of the transaction volume from any borrowed token.

The Teller ATM offers a streamlined solution for time-based borrowing, making it easy for users to access capital without the risk of being margin called.

What’s your favorite token category? Check them out here: Borrow using the Teller ATM