Stephen Young & Storm: NFTFi – P2P NFT Lending Protocol: From PFPs & Art to RWA
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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The Different Types of Assets in the NFT Finance Space
The NFT lending market is comprised of two sides. On one part you have borrowers which come onto the platform, and on the other side you have lenders who compete to lend against them. The borrower typically own NFTs or various different assets which they list on the platform. In this case it's a gas-free transaction to listen on NFT file. Lenders set bids structured around loan-to-value of assets around the different APRs which they would like to receive and return for the loan. At the end of the term of the loan, what the borrower does are simply take out an escrow smart contract. It's then released back to the borrower at the end of
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