According to Foresight News, Masa, the decentralized 'AI Data Chain', has announced a collaboration with Teller to launch a Masa loan pool. This partnership allows Masa token holders to borrow ETH from Ethereum and USDC from Base. Teller supports loans with Masa as collateral, eliminating the need for additional margin or liquidation.
This collaboration between Masa and Teller provides an opportunity for Masa token holders to leverage their holdings and access liquidity without the risk of liquidation. The partnership also expands the utility of Masa tokens, as they can now be used as collateral for loans.
The move is seen as a significant step in the evolution of decentralized finance, providing more options for token holders and increasing the overall liquidity in the market. It also underscores the growing trend of collaborations between different blockchain platforms to enhance the functionality and utility of their respective tokens.