- What is NFTfi?
NFTfi is a platform that enables the financialization of NFTs and digital currencies by providing a market for NFT collateralized loans. Platform sectors include NFT fractionalization, NFT renting, NFT derivatives, and lending/borrowing NFTs. Lenders can make loan offers depending on their desired level of friendliness, acquisition, or profit.
- Main Features
- Collateralized Loans: NFT holders can borrow cryptocurrency by using their NFTs as collateral, while still keeping ownership of their NFTs.No Auto-Liquidations: NFTfi does not automatically liquidate NFTs used as collateral, providing borrowers with more control over their loans.0% Borrower Fees: Borrowers on NFTfi are not charged any fees for borrowing cryptocurrency against their NFTs.Secure Escrow Smart Contract: When borrowers accept a loan offer, their NFT goes into a secure escrow smart contract, ensuring the safety of the collateral.Liquidity and Interest Earning: NFTfi provides liquidity to NFT holders and offers the opportunity to earn interest through lending.
- Blockchains
- Ethereum
Frequently asked questions
Related Apps
Friend.tech is a revolutionary app, built atop the Base network, that decentralizes social interactions using social tokens. It empowers creators to financially benefit from their content and know-how...
Creates and supports NFT lending and renting for both fungible tokens and NFTs, with 30 top-tier VC firms and private investors backing the framework....
Pine is an NFT lending Dapp that enables users to purchase NFTs with mortgages, with a buy now, pay later system. Users can get loans on over 30 different NFT collections and the protocol also allows ...
