Description
Teddy Cash is a completely decentralized borrowing protocol built on the Avalanche C-Chain, modeled as a fork of the Liquity Protocol. It enables users to draw interest-free loans against AVAX collateral, paid out in TSD (Teddy Stable Dollar), a USD-pegged, censorship-resistant stablecoin, while maintaining a minimum collateral ratio of 110%. Rather than charging a recurring interest rate, the protocol charges a one-time borrowing fee, offering high capital efficiency compared to other lending/borrowing protocols on Avalanche. The project's native token is TEDDY, and its development is hosted publicly under the teddy-cash organization on GitHub.