🖼️What is NFT lending?

Introduction

Imagine that you have valuable NFTs from well-known collections, such as Bored Apes Yacht Club, CryptoPunks, or others, worth tens of ETH, also called blue-chip NFTs.

Suddenly you need liquidity to make some transactions and you have either no or very little available funds. You are a long-term investor who expects the value of your NFTs to increase over time, so you don't want to sell them now for a quick buck.

That's where NFT Lending comes in.

Why NFT Collateral

No one in crypto takes anyone's word for anything, so no one will give you an unsecured loan. One type of collateral can be Blue-Chip NFT.

How it works

You can offer your NFT as collateral, and several sites will provide you with a list of cryptocurrency loan offers based on the price and characteristics of your NFT.

We aggregate offers from different lending protocols and borrowers offering different loan terms. You choose the best deal for you from the list of offers and make a deal. This way, you get access to cash without having to sell your valuable NFTs.

Once you get the loan, you have a certain period of time to pay it back. If you repay the loan on time, you will get your NFTs back safe and sound. However, if you fail to repay the loan, your position may be liquidated to repay the lender. The liquidation mechanism varies from protocol to protocol.

Our goal is to help you unlock the value of your NFT assets, give you the financial flexibility you need, and preserve ownership of your digital assets. We strive to make this process simple, safe, and accessible to all.