💵 Introducing Based Loans 💵
Your bags finally have a pawn shop.
@Based_Loans lets you borrow USDC against supported tokens without selling them. Deposit collateral, choose fixed loan terms, receive USDC, then buy back your tokens before expiry.
No margin calls.
No liquidations.
No bots nuking your position while you sleep.
Lenders can also provide USDC to support the loan pools and earn 60% APR or their favorite tokens at a steep market discount.
This is especially useful for community tokens and smaller projects that deserve more utility, better liquidity options, and fewer holders forced to sell when they need short-term capital.
Based Loans currently supports PLAZM, ESHARE, LSTEAK, WETH, and many other assets, with more being added every week.
Built by
@monstrodefi
Start borrowing or lending today:
based.loans/