Lending
Earn predictable yield by providing USDT liquidity to fixed-rate lending pools backed by segregated Bitcoin collateral.
Overview
Libre offers lenders the opportunity to earn fixed APR returns by providing USDT liquidity to lending pools. All loans are secured by segregated Bitcoin collateral, ensuring transparency and minimizing risk.
How Lending Works
Step 1: Choose Your Pool
Select from 6 active lending pools with different terms and rates:
30 Days
3%
$300K
33%
30 Days
9%
$450K
50%
90 Days
11%
$200K
50%
180 Days
13%
$380K
50%
30 Days
15%
$250K
50%
90 Days
20%
$150K
50%
Step 2: Deposit USDT
Visit defi.libre.org/lend
Choose your preferred pool and deposit amount
Receive TP (Tether Pool) tokens representing your stake
Your USDT becomes available for borrowers immediately
Step 3: Earn Fixed Returns
Guaranteed rates: Earn the fixed APR regardless of utilization
Real-time tracking: Monitor your earnings and pool performance
TP token appreciation: Your TP tokens increase in value as interest accrues
Step 4: Redeem Your Funds
Flexible exit: Redeem TP tokens for USDT + interest anytime
Tradeable positions: TP tokens can be transferred or sold to other users
No lock-up periods: Access your funds based on pool liquidity
Pool Mechanics
TP Tokens
When you lend USDT, you receive TP (Tether Pool) tokens that:
Represent your proportional share of the pool
Automatically accrue interest over time
Can be redeemed 1:1 for USDT + earned interest
Are fully transferable to other Libre accounts
Interest Calculation
Fixed APR: Each pool has a set annual percentage rate
Pro-rata earnings: Interest distributed proportionally to all lenders
Compound growth: Reinvest earnings by staying in the pool
Security Features
Bitcoin-Backed Loans
Every USDT you lend is secured by:
200%+ collateralization: Loans require significant Bitcoin backing
Segregated vaults: Each borrower's Bitcoin is held separately
On-chain verification: All collateral addresses are publicly auditable
Automatic liquidation: Smart contracts protect lender funds
Risk Management
LTV monitoring: Loan-to-value ratios tracked in real-time
72-hour liquidation buffer: Borrowers have time to add collateral
No speculative risk: Your funds aren't used for trading or derivatives
Example Investment
Scenario: Lend $10,000 to the 90-day, 11% APR pool
Initial deposit: $10,000 USDT
TP tokens received: 10,000 TP tokens (1:1 initial ratio)
Expected earnings: $275 over 90 days (11% APR)
Final redemption: 10,275 USDT when you exit
Benefits for Lenders
Predictable yield: Fixed rates provide certainty
Bitcoin-secured: All loans backed by segregated Bitcoin collateral
Full transparency: Audit all collateral and loan data on-chain
Flexible terms: Choose from multiple duration and rate options
No intermediaries: Direct smart contract interaction
Tradeable positions: TP tokens can be sold if you need early liquidity
Getting Started
Ready to earn fixed yield? Visit defi.libre.org/lend to:
Connect your wallet
Choose a lending pool that fits your timeline and risk tolerance
Deposit USDT and receive TP tokens
Monitor your earnings and redeem when ready
FAQ
Q: Are my funds at risk? A: All loans are secured by Bitcoin collateral worth 200%+ of the loan amount, held in segregated vaults that can be audited on-chain.
Q: What if no one borrows from my pool? A: You earn the fixed APR regardless of utilization. Higher-rate pools tend to have more borrower demand.
Q: Can I withdraw early? A: Yes, you can redeem TP tokens anytime subject to pool liquidity. You can also sell your TP tokens to other users.
Q: How are liquidations handled? A: Smart contracts automatically liquidate undercollateralized loans after a 72-hour grace period, protecting lender funds.
Q: What's the minimum deposit? A: There's no minimum deposit requirement - you can lend any amount of USDT.
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