FAQ

TEB Lend is a peer-to-peer, fixed-term lending book on Solana. Borrowers post crypto as collateral and take USDC, USDT, SOL, or TEB. Lenders bid credit against that collateral at a fixed APR and a set duration.

There is no price oracle liquidation. If the borrower repays principal plus interest by maturity, collateral returns. If they do not, the lender may claim the escrowed collateral. The borrower keeps the credit they already received.

Borrowing keeps your exposure to the collateral. If you believe TEB, TBB, or another token will hold or rise, you can spend or farm the borrowed dollars without selling the bag.

Selling can be a taxable event in many places; borrowing may be treated differently. That is not tax advice — check with someone licensed where you live.

Each loan is a match between one borrower and one lender, on terms they both accept: asset, size, APR, LTV, and OTC (1 minute), 1, 7, or 14 days.

There is no pooled vault of lenders sharing one utilization rate. You see the offer, you take it or you pass. Default is time-based, not a cascade from someone else’s position.

Most money markets reprice with oracles and can liquidate when the collateral’s dollar value drops. TEB Lend does not. The only “liquidation” is missing the repayment deadline.

Fungible collateral is limited to tokens the operator has approved. Current approved tokens: TEB, TBB, BAYLA, EARN, HINEY, BOBO, WBTC, ETH, ZEC, SPYx, MSTRx, CRCLx, MCDx, PEPE, CYPH, BB, RUM, CATE, INJ, TAO, BP, TRUMP, Fartcoin, STONK, AVAX, PUMP, RAY, SUI, URA, AHJ, MFVRSE, GFOF, ASTER. Some Solana NFTs can also be escrowed, one per loan. See “Which NFTs are supported?” Credit you borrow or lend is still USDC, USDT, native SOL, or TEB. Origination takes a platform fee from the credit at funding; repayment is still full principal plus the agreed interest.

Solana mainnet only. Connect Phantom, Solflare, or another Solana wallet. Every post, fill, repay, cancel, and claim is a transaction you sign.

Open Borrow, pick approved collateral (TEB, TBB, BAYLA, EARN, HINEY, BOBO, WBTC, ETH, ZEC, SPYx, MSTRx, CRCLx, MCDx, PEPE, CYPH, BB, RUM, CATE, INJ, TAO, BP, TRUMP, Fartcoin, STONK, AVAX, PUMP, RAY, SUI, URA, AHJ, MFVRSE, GFOF, ASTER), set how much you want in USDC / USDT / SOL / TEB, LTV, APR, and duration, then escrow the collateral.

That ask sits on the Lend book until a lender funds it. You receive the credit minus the origination fee. Repay principal plus interest before the timer ends to unlock collateral from the vault.

You can also take an existing bid on the Borrow book: deposit collateral and receive that lender’s credit in one flow.

Open Lend to fund someone’s ask (send credit to the borrower, fee to the vault) or post a bid: escrow USDC, USDT, SOL, or TEB against a collateral type and wait for a borrower to accept.

If they repay on time, you receive principal plus interest in your wallet. If the countdown hits zero and they have not repaid, Claim collateral on the Dashboard. Nothing moves until you sign that claim — it is not automatic.

Keep LTV conservative on thin or volatile collateral. A 75% LTV on an illiquid mint is easy to regret if you have to claim it.

APR is a market: too low and lenders skip you; too high and borrowers skip you. Duration is OTC (1 minute), 1, 7, or 14 days. Shorter loans are simpler to manage while the book is small.

Fungible collateral is limited to tokens the operator has approved. Current approved tokens: TEB, TBB, BAYLA, EARN, HINEY, BOBO, WBTC, ETH, ZEC, SPYx, MSTRx, CRCLx, MCDx, PEPE, CYPH, BB, RUM, CATE, INJ, TAO, BP, TRUMP, Fartcoin, STONK, AVAX, PUMP, RAY, SUI, URA, AHJ, MFVRSE, GFOF, ASTER. Apply on the List collateral page to request a new fungible token. Credit you borrow or lend is still USDC, USDT, native SOL, or TEB.

A USD price is required to cap the credit size. If Jupiter and DexScreener have no price, you cannot post that credit amount.

One NFT per loan. You do not need the operator to approve the collection. Paste the mint in the collateral picker, or pick an NFT already in your wallet.

Supported: classic Metaplex NFTs, such as Okay Bears, moved with a normal token transfer. Programmable NFTs, such as Mad Lads, DeGods, and Claynosaurz, moved with Metaplex’s transfer and the collection’s rule set. Metaplex Core NFTs, such as MIHAOYO, where the Core program changes the owner.

Not supported: compressed NFTs, such as Pixel Gummy. They have no token account, so they do not appear in the picker. Token-2022 NFTs that store their name only inside the mint, with no Metaplex metadata account. Raydium liquidity-position NFTs, which are skipped on purpose.

A frozen, soulbound, or transfer-hook NFT can still be rejected by its own collection even if the type above is supported.

TEB Lend takes a 2% origination fee from the credit at funding. Example: a 100 USDC loan sends 98 USDC to the borrower. On Solana the 2 USDC stays in the vault until it is swept. On Ethereum and Robinhood it is sent to the EVM treasury when the loan is funded. Repayment is still 100 USDC plus interest.

You also pay ordinary network fees for every signature (post, fill, repay, cancel, claim). There is no extra fee on repay or claim beyond that and the interest you already agreed.

On Solana, origination fees sit in the vault until the treasury wallet sweeps them. Only that treasury can see Sweep on the Dashboard.

TEB (The Earn Bull) is the home token of this book. You can post it as collateral, and you can stake it on TEB Staking — a separate app. TEB Lend does not issue a governance token and is not a DAO.

No. This interface is not a battle-tested Solana program. Collateral and fees are held in an application-controlled vault, not a program-derived account (PDA). Treat it as experimental and size positions accordingly.

In the TEB Lend vault, a Solana wallet the app signs for. While a loan is active, collateral is not in the borrower’s wallet. Credit for open bids sits there until fill, cancel, or repay.

Current vault: FV8yBy2XcBrHAdDABNXUkgpuJjDAYCuujxhhKdqpfG1L. You can view it on Solscan. Tokens leave only when the app builds a release (repay, cancel, default claim, or fee sweep) and the required wallets sign.

Nothing is seized automatically. The loan is matured. The lender can Claim collateral; the borrower can still Repay until that claim confirms. Whichever vault release lands first wins.

There is no extra late fee and no price-based liquidation. After a successful claim, the borrower keeps the borrowed tokens and the lender receives the escrowed collateral.

Yes. Credit (the amount borrowed or lent) is capped at $5,000 USD per offer, using Jupiter or DexScreener prices. Collateral is not capped in dollars.

The form blocks an over-cap post before you sign. The server rejects over-cap posts and fills even if someone bypasses the form.

Solana fees can be swept only by 6DzaDYF6VT24np4G4T7cdrxs8mm8ZrxicuezFnN7yZhP. When that wallet is connected, the Dashboard shows Sweep. Ethereum and Robinhood fees are paid at funding to 0xE867A70e16A9685D15bD1E5E742419Aa55d64008.

Phantom blocks some requests when it cannot simulate the transaction, or when the domain is new and unverified. TEB Lend uses a vault co-signer and lives on grok.me, which Phantom has not listed as a trusted app.

If you trust this site, you can use Proceed anyway in Phantom. For a lasting fix the operator must submit the domain to Phantom’s review and, ideally, use a custom verified domain. Never approve a request on a site you did not intend to open.

If Cancel fails because the wallet changed the transaction (priority fee), try again, or cancel with Solflare / Backpack. Do not approve if the accounts look wrong.