Defrag protocol introduces a groundbreaking approach to safeguard NFTs through the implementation of a unique financial tool known as a Put Option.
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Defrag protocol introduces a groundbreaking solution for insuring NFTs through the implementation of a Put Option instrument. This innovative feature enables users to leverage their NFTs by obtaining loans with accurately assessed risk. By owning an NFT, users gain a stake in the initial Underwriting Pool, granting them the opportunity to earn premiums and access the realm of NFT collateralized loans. Additionally, the platform facilitates fractional borrowing through smart contracts, generating a predetermined number of tokens that are directly linked to the original NFT.
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Honey FinanceNFT Lending Dapps |
Honey empowers NFT collectors to engage in decentralized finance across multiple blockchain networks.
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LlamaLendNFT Lending Dapps |
Unlocks unique liquidation avenues for lesser-known NFT projects that are otherwise unable to secure collateralization options elsewhere.
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LiqdNFT Lending Dapps |
Liqd revolutionizes the NFT marketplace by introducing a groundbreaking platform that enables users to engage in borrowing and lending of highly sought-after blue chip NFTs.
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