NFTfi
Off-Chain (Private)
Audited on 2021/10/08
No active critical issues
Summary
“NFTfi is the leading peer-to-peer liquidity protocol for NFTs. Since May 2020, it allows NFT holders to use the NFT they own to access the liquidity they need, by receiving secured ETH and DAI loans from liquidity providers peer-to-peer. NFT liquidity providers use NFTfi to earn attractive yields or – in the case of loan defaults – to have the chance to obtain NFTs at a steep discount to their market value. NFTfi’s vision is to build a fully decentralized, permissionless, user-owner public utility, supporting the seamless financialization of NFT based economies through innovative mechanisms and highly user-friendly applications.
