Borrow and lend NFTs for instant liquidity
How it Works
Secure NFT Loans
The platform leverages on-chain technology to provide secure and seamless access to liquidity for NFTs by providing access to lending pools that allow users to borrow against their NFTs instantly. NFTY Finance also provides a secure and reliable place for users to lend out capital completely on their own terms.
NFTY Finance uses a new method of lending which are referred to as "liquidity shops." These liquidity shops can be owned by an individual contributor be it a person, institution, DAO, etc. and are the key aspect of NFTY Finance's lending feature.
Loan Origination Fees
The NFTY token is at the heart of the NFTY Finance platform's fee structure. All loans handled on the NFTY Finance platform will include a 1% NFTY token fee meaning the borrower will need to buy an amount of NFTY tokens to be able to borrow against an NFT. This fee is called the "Loan Origination Fee."