You could borrow against your Maker tokens at rates as low as 20% APR. Open an account and transfer your MKR tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Maker tokens to pay off the loan if necessary. The loan itself can be in a different currency to Maker. USDT and USDC are popular loan currencies.
Platform | Reviews | Setup Fee | LTV | Rate | ||
---|---|---|---|---|---|---|
CeFi
Switzerland
87%
|
None
|
|
20%
APR
|
Go To SiteGo | ||
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