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Summary of Teddy Cash
- TEDDY token captures fee revenue generated by Teddy Cash Protocol via staking.
- Teddy Cash is a decentralized borrowing protocol.
- Loans are 0% interest and paid out in TSD.
- Minimum collateral ratio: 110%.
- Loans are secured by collateral and a Stability Pool containing TSD.
- Teddy Cash protocol is non-custodial, immutable, and governance-free.
- Numbers and figures: 0%, 110%
About Teddy Cash: Unlocking the Future of Digital Assets
TEDDY is a token that harnesses the fee revenue generated by the Teddy Cash Protocol through staking. Teddy Cash is a decentralized borrowing protocol that enables users to access 0% interest loans, secured by AVAX collateral. These loans are disbursed in TSD, with a minimum collateral ratio requirement of 110%.
Besides the collateral, the loans are further secured by a Stability Pool comprising TSD, as well as a collective guarantee provided by fellow borrowers, who serve as guarantors of last resort.
Teddy Cash, as a decentralized protocol, boasts a trifecta of core attributes: non-custodial, immutable, and governance-free, thereby ensuring a secure, transparent, and autonomous ecosystem.